Dividend Information about Virtus Convertible & Income Fund II: Everything You Need to Know Before the Ex-Dividend Date on Oct 14, 2025

Virtus Convertible & Income Fund II (NCZ) has announced a cash dividend of $0.12000000 per share, which will be paid on Oct 30, 2025. The ex-dividend date for this distribution is Oct 14, 2025, meaning shareholders must own the stock by the close of trading on that date to be eligible for the payout. The announcement date for this dividend was Aug 27, 2025, marking the first time the company has detailed the upcoming distribution. Looking at the average of the last 10 dividend payments, which stands at approximately $0.08053095, the upcoming payout is notably higher, indicating a potential shift in the fund’s dividend strategy or improved performance. The most recent dividend was declared on Sep 29, 2025, with the same $0.12000000 per share, also in the form of a cash distribution, suggesting consistency in the fund’s approach to shareholder returns.

Over the past week, Virtus Convertible & Income Fund II has demonstrated strong performance in the fixed-income sector, with recent reports highlighting a significant increase in net income. For the half-year ended July 31, 2025, the company reported revenue of $8.62 million and net income of $18.3 million, indicating robust earnings that may support its current and future dividend policies. Investors have also been paying close attention to the fund’s financial health, as its EBITDA per share and payout ratio suggest a well-managed balance between earnings and distributions. Source reported that the fund has outperformed similar investment vehicles, such as RiverNorth Managed Duration Municipal Income Fund Inc, on 21 out of 23 key performance parameters, further solidifying its position as a competitive player in the market.

Since the last update, Virtus Convertible & Income Fund II has continued to attract attention for its consistent dividend strategy and strong earnings performance. With a current dividend yield of 10.17% and an annualized payout of $1.4400 per share, the fund remains a popular option for income-focused investors. The recent earnings results and continued dividend consistency have reinforced confidence in the fund’s ability to generate stable returns. As of late, analysts have highlighted the importance of these developments, particularly in light of the upcoming dividend payment and ex-dividend date. The Oct 14, 2025 ex-dividend date is the last day for investors to buy the stock and qualify for the dividend. Any purchase after that date will not be eligible for the $0.12000000 per share distribution.