Virtus Convertible & Income Fund II (NCZ) To Go Ex-Dividend on August 13th

Virtus Convertible & Income Fund II (NYSE:NCZ) declared a monthly dividend on Wednesday, June 3rd. Investors of record on Thursday, August 13th will be paid a dividend of 0.12 per share by the investment management company on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 9.0%. The ex-dividend date is Thursday, August 13th.

Virtus Convertible & Income Fund II Trading Up 1.3%

Shares of NCZ stock opened at $16.03 on Tuesday. The firm has a fifty day moving average price of $15.53 and a 200 day moving average price of $14.97. Virtus Convertible & Income Fund II has a 12 month low of $12.95 and a 12 month high of $16.08.

About Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II (NYSE: NCZ) is a diversified, closed‐end management investment company that seeks to provide shareholders with a combination of current income and capital appreciation. The fund primarily invests in convertible securities issued by U.S. and non-U.S. companies, along with a mix of high‐yield and investment-grade fixed-income instruments. By blending exposure to equity-linked convertibles and traditional debt, NCZ aims to deliver enhanced returns across varying market environments.

The portfolio is actively managed by the Virtus Convertible & Income Portfolio Management Team, a group of seasoned investment professionals affiliated with Virtus Investment Partners.