Dividend Information About Virtus Convertible & Income Fund II: Everything You Need to Know Before Its Ex-Dividend Date on Sep 12, 2025

Virtus Convertible & Income Fund II (NCZ) has announced a cash dividend of $0.120 per share, with an ex-dividend date of Sep 12, 2025. This distribution is set to be paid on Sep 29, 2025, following the announcement date of Aug 27, 2025. The dividend amount represents an increase compared to the average of the last 10 dividend payments, which was $0.0804 per share. Investors should note that the last dividend was also declared on Aug 28, 2025, with an identical amount of $0.120 per share and was also distributed as a cash dividend. These developments suggest a consistent and potentially growing payout pattern from the fund, which could be encouraging for income-focused investors.

Recently, the fund has remained in the spotlight due to several notable developments. Over the past week, NCZ declared a new cash distribution of $0.34375 per share, signaling a stronger yield for shareholders. This announcement aligns with the broader trend of Virtus-affiliated funds prioritizing regular and predictable income streams. Since the last update, analysts have also noted that HighTower Advisors LLC significantly reduced its stake in NCZ, trimming its position by 82.1% during the first quarter. While this move might reflect strategic rebalancing, it could also raise questions about investor sentiment and confidence in the fund’s future performance.

As of late, the technical indicators for NCZ have shown a mixed outlook, with the latest MACD at 0.17 and an RSI of 70.88, suggesting the stock may be approaching overbought territory. This could hint at a potential pullback or consolidation in the near term. Meanwhile, Virtus Convertible & Income Fund (NCV) has also made headlines with its announcement of a new quarterly distribution for its 5.625% Series A Cumulative Preferred Shares, further reinforcing the firm’s commitment to income generation across its fund offerings.

In conclusion, Virtus Convertible & Income Fund II is continuing to demonstrate a robust dividend strategy, with a recent increase in its payout per share and multiple distribution-related announcements. Investors should be aware that the ex-dividend date is Sep 12, 2025, meaning any purchase made on or after this date will not qualify for the dividend. This is a crucial consideration for those looking to capitalize on the fund’s consistent income generation and stable distribution pattern.