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Virtus Convertible & Income Fund - NCV STOCK NEWS

Welcome to our dedicated news page for Virtus Convertible & Income Fund (Ticker: NCV), a resource for investors and traders seeking the latest updates and insights on Virtus Convertible & Income Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virtus Convertible & Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virtus Convertible & Income Fund's position in the market.

Rhea-AI Summary
Virtus Convertible & Income Fund (NCV) declared a $0.3515625 per share cash distribution for Series A cumulative preferred shareholders. The shares are rated 'A' by Fitch Ratings with an annual dividend rate of $1.40625 per share. The distribution represents the accrual period from January 1, 2024, through March 31, 2024.
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Virtus Convertible & Income Fund (NYSE: NCV) and Virtus Convertible & Income Fund II (NYSE: NCZ) have announced upcoming distributions on their common shares. NCV will distribute $0.034 per share on various dates in 2024, while NCZ will distribute $0.030 per share on the same dates. These amounts are estimates and not for tax reporting purposes.
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Rhea-AI Summary
Virtus Convertible & Income Fund (NYSE: NCV) has declared a $0.3515625 per share cash distribution payable on December 29, 2023 to Series A cumulative preferred shareholders of record on December 11, 2023. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated 'A' by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulative Preferred Shares were issued on September 20, 2018, at $25.00 per share and pay distributions quarterly. This distribution represents the accrual period from October 1, 2023, through December 31, 2023. The Series A Cumulative Preferred Shares are now callable at any time at the liquidation value of $25.00 per share plus accrued dividends.
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Rhea-AI Summary
Virtus Convertible & Income Fund declares $0.3515625 per share cash distribution payable on September 29, 2023 to preferred shareholders.
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Virtus Convertible & Income Fund, Virtus Convertible & Income Fund II, and Virtus Convertible & Income 2024 Target Term Fund announce distributions on their common shares.
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Virtus Convertible & Income Fund

NYSE:NCV

NCV Rankings

NCV Stock Data

281.97M
22.57%
0.03%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
Boston

About NCV

in latin, virtus connotes the characteristics of integrity, quality and strength. those are the traits we stand for today as an investment management provider and the traits that will define us in the future. virtus investment partners provides investment management products and services to individuals and institutions. we operate a multi-manager asset management business, comprising a number of individual affiliated managers, each with a distinct investment style, autonomous investment process and individual brand. we clearly understand the responsibility we have to our clients and we are committed to their success as investors. for important disclaimers, go to https://www.virtus.com/social-media-guidelines