Virtus Convertible & Income Fund II (NYSE:NCZ) Declares Monthly Dividend of $0.12

Virtus Convertible & Income Fund II (NYSE:NCZ) announced a monthly dividend on Wednesday, November 19th. Stockholders of record on Monday, January 12th will be given a dividend of 0.12 per share by the investment management company on Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 10.5%. The ex-dividend date of this dividend is Monday, January 12th.

Virtus Convertible & Income Fund II Price Performance

Shares of NCZ stock traded up $0.23 during mid-day trading on Thursday, hitting $13.72. The stock had a trading volume of 19,140 shares, compared to its average volume of 72,798. Virtus Convertible & Income Fund II has a 12-month low of $10.23 and a 12-month high of $14.44. The firm’s 50-day moving average is $13.93 and its two-hundred day moving average is $13.16.

About Virtus Convertible & Income Fund II

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade.