Dividend Update on Virtus Convertible & Income Fund: Key Details Before the Sep 12, 2025 Ex-Dividend Date

Virtus Convertible & Income Fund (NCV) has announced a cash dividend of $0.13600000 per share, to be paid on Sep 29, 2025. The ex-dividend date for this distribution is set for Sep 12, 2025, and the dividend was officially declared on Aug 27, 2025. This payout exceeds the average of the last 10 dividends per share, which stands at $0.0909195785440613, indicating a notable increase in the company’s distribution strategy. Notably, the last dividend was also issued on Aug 28, 2025, with the same amount of $0.13600000 per share, suggesting a consistent approach in recent distributions. Investors should be aware that this is a cash dividend, and the timing of these declarations highlights NCV’s regular pattern of quarterly payouts.

Recently, Virtus Convertible & Income Fund has garnered attention for its latest quarterly distribution, which includes the 5.625% Series A Cumulative Preferred Shares. Over the past week, multiple sources have reported that NCV has declared a cash distribution of $0.3515625 per share, indicating a broader range of dividend offerings to investors. As of late, there has been increased investor interest in the 5.625% perpetual preferred shares, with some analysts noting that the fund’s asset coverage ratio is at a modest level of 279%. Since the last update, discussions have also focused on the fund’s financial health and its ability to maintain consistent dividend payments amid broader market conditions. These developments reflect the fund’s efforts to cater to both income-focused and long-term investors.

In light of these updates, Virtus Convertible & Income Fund remains a key player in the closed-end fund space, with a recent focus on maintaining its dividend schedule and attracting new investors. The Sep 12, 2025 ex-dividend date is the last day for investors to purchase shares and be eligible for the upcoming $0.13600000 per share payout. Any purchase made after this date will not qualify for the dividend, making it essential for interested investors to plan accordingly. With continued attention on the fund’s preferred shares and its overall financial strategy, NCV appears well-positioned to support its income-oriented goals in the near term.