Virtus Convertible & Income Fund II Dividend Information: Key Insights Before Ex-Dividend Date Aug 11, 2025

The Virtus Convertible & Income Fund II (NCZ) announced a cash dividend of $0.120 per share on Jun 4, 2025, which is set for distribution on Aug 28, 2025. The ex-dividend date is Aug 11, 2025. This dividend is higher compared to the average of the last ten dividends, which stands at $0.080. Notably, the recent dividend matches the previous payout of $0.120 per share distributed on Jul 30, 2025, also as a cash dividend.

Recently, significant developments have emerged regarding Virtus Convertible & Income Fund II. As of late, Morgan Stanley has acquired a 6.9% stake in NCZ's Series A preferred shares, indicating a substantial institutional interest without intent for control, according to filings. This suggests confidence in the fund's stability and potential growth.

Over the past week, Virtus Convertible & Income Fund II's stock price fluctuated slightly, reaching a high of $13.17 and a low of $13.14 on Aug 6, 2025. Analysts have noted this minor variation in stock prices, which could reflect market volatility or investor sentiment around the dividend announcement. The stock's movement is being closely monitored by investors looking for potential buy-in opportunities before the ex-dividend date.

Additionally, recent insights into the fund's performance highlight its strategic management by Allianz Global Investors Fund Management LLC. Sources have reported the fund's positioning in the fixed income market as advantageous, with its Series A Cumulative Preferred Shares offering a 5.50% yield, appealing to income-focused investors seeking steady returns amidst broader market dynamics.

In conclusion, the Virtus Convertible & Income Fund II continues to draw investor attention due to its consistent dividend payouts and institutional interest. Aug 11, 2025, marks the critical ex-dividend date, the last opportunity for investors to purchase shares and qualify for the dividend distribution. Any acquisitions made after this date will not be eligible for the current dividend payout.