Dividend Insights for Virtus Convertible & Income Fund II: Key Information Prior to the Ex-Dividend Date on Jun 12, 2025

Virtus Convertible & Income Fund II (NCZ) recently announced a dividend of $0.120 per share, set to be distributed on Jun 27, 2025, with an ex-dividend date of Jun 12, 2025. This announcement was made on Mar 6, 2025. This dividend marks a notable increase compared to the average of the last ten dividends, which stood at $0.080 per share. The previous dividend was declared on May 29, 2025, also at $0.120 per share. Both dividends are categorized as cash dividends, offering shareholders a direct monetary return.

Recently, Virtus Convertible & Income Fund II has been active with significant updates that could impact its market performance. Over the past week, the fund announced its July 2025 dividend at $0.120 per share, a substantial rise from its previous $0.03 monthly payout. This adjustment underscores the fund's strengthening position and potential for higher returns for investors. Analysts have noted this increase as a sign of improved financial health, suggesting a strategic shift in the company's dividend policy that may appeal to investors seeking reliable income streams.

In addition, the Virtus Convertible & Income Fund II, along with its associated fund, declared monthly distributions, emphasizing their commitment to providing consistent returns to shareholders. This announcement reflects the fund's ongoing efforts to maintain investor confidence and its dedication to delivering value. As of late, discussions surrounding these distributions have been prominent, with market observers highlighting the fund's robust fundamentals and its strategic approach to enhancing shareholder value.

Since the last update, there has been an increasing focus on the fund's financial stability and the implications of its distribution strategy. The fund's performance metrics, including dividends, have been crucial indicators for investors assessing its operational health and future prospects. This emphasis on financial fundamentals has been prevalent in recent reports, suggesting a positive outlook for the fund's continued growth.

In conclusion, investors interested in Virtus Convertible & Income Fund II should be aware of the upcoming ex-dividend date on Jun 12, 2025. This date marks the last opportunity for investors to purchase shares and qualify for the current dividend offer. Any purchase made after this date will not be eligible for the dividend payout scheduled for Jun 27, 2025.