Virtus Convertible & Income Fund (NCV) Dividend
Virtus Convertible & Income Fund (NCV) currently pays a dividend yield of 10.98%, distributing $1.63 per share annually ($0.14 per month). The company operates in the Financial Services sector.
NCV dividend at a glance
| Dividend Yield | 10.98% |
|---|---|
| Annual Dividend | $1.63 per share |
| Per Payment | $0.14 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | November 12, 2026 |
| Next Payment Date | November 27, 2026 |
| Payout Ratio | 35% |
| Sector | Financial Services |
| Implied Share Price (from yield) | $14.86 |
What NCV pays on a $10,000 investment
At a 10.98% yield, $10,000 invested in NCV generates about $1,098.00 per year, or roughly $91.50 every month. Share counts below use an implied price of $14.86, derived from the $1.63 annual dividend and the 10.98% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 67.3 | $109.80 | $9.15 |
| $5,000 | 336.4 | $549.00 | $45.75 |
| $10,000 | 672.8 | $1,098.00 | $91.50 |
| $25,000 | 1,682 | $2,745.00 | $228.75 |
| $100,000 | 6,727.9 | $10,980.00 | $915.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each month — see how the dividend snowball compounds.
NCV dividend payment schedule
NCV pays on a monthly schedule — 12 payments a year. The next confirmed ex-dividend date is November 12, 2026, with payment on November 27, 2026. Later rows are projected forward at the same interval and will shift when Virtus Convertible & Income Fund declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 12, 2026 | November 27, 2026 | $0.14 | Confirmed |
| December 12, 2026 | December 27, 2026 | $0.14 | Projected |
| January 12, 2027 | January 27, 2027 | $0.14 | Projected |
| February 12, 2027 | February 27, 2027 | $0.14 | Projected |
| March 12, 2027 | March 27, 2027 | $0.14 | Projected |
| April 12, 2027 | April 27, 2027 | $0.14 | Projected |
To collect a NCV dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NCV's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. NCV's 10.98% is 7.41 percentage points above that median, ranking 235th of 1000 by yield.
Within Financial Services, where we track 157 names, the median yield is 9.52% — putting NCV above its sector.
What the numbers mean
NCV pays out roughly 35% of its earnings as dividends. That is a conservative payout ratio, leaving substantial room to keep raising the dividend or absorb a weak year.
NCV pays monthly, which suits investors who want dividend income to line up with monthly living expenses rather than arriving in quarterly lumps.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NCV dividend FAQ
When is the next NCV ex-dividend date?
The next NCV ex-dividend date is November 12, 2026, with the payment scheduled for November 27, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NCV's dividend yield?
NCV currently yields 10.98%, based on $1.63 in dividends per share over the past year.
How often does NCV pay dividends?
NCV pays monthly, which works out to 12 payments per year of about $0.14 per share.
How much dividend income would $10,000 of NCV generate?
At the current 10.98% yield, $10,000 invested in NCV would produce roughly $1,098.00 per year, or about $91.50 per month, before taxes and assuming the dividend holds.
Is NCV a Dividend Aristocrat?
No. NCV is not currently on the Dividend Aristocrat or Dividend King list, which require 25 and 50 consecutive years of dividend increases respectively.
NCV dividend history
DivTrkr holds 282 recorded NCV dividend payments going back to 2003 and -4.6% a year of growth over the last five complete years. See the full NCV dividend history — every payment, annual totals and growth by year.
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Track NCV dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.