Virtus Convertible & Income Fund (NCV) Dividend
Virtus Convertible & Income Fund (NCV) currently pays a dividend yield of 9.96%, 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 | 9.96% |
|---|---|
| Annual Dividend | $1.63 per share |
| Per Payment | $0.14 |
| Payout Frequency | Monthly |
| Payments per Year | 12 |
| Next Ex-Dividend Date | September 13, 2026 |
| Next Payment Date | October 4, 2026 |
| Payout Ratio | 44% |
| Sector | Financial Services |
| Implied Share Price (from yield) | $16.39 |
What NCV pays on a $10,000 investment
At a 9.96% yield, $10,000 invested in NCV generates about $996.00 per year, or roughly $83.00 every month. Share counts below use an implied price of $16.39, derived from the $1.63 annual dividend and the 9.96% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Month |
|---|---|---|---|
| $1,000 | 61 | $99.60 | $8.30 |
| $5,000 | 305.1 | $498.00 | $41.50 |
| $10,000 | 610.3 | $996.00 | $83.00 |
| $25,000 | 1,525.7 | $2,490.00 | $207.50 |
| $100,000 | 6,102.9 | $9,960.00 | $830.00 |
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 September 13, 2026, with payment on October 4, 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 |
|---|---|---|---|
| September 13, 2026 | October 4, 2026 | $0.14 | Confirmed |
| October 13, 2026 | November 3, 2026 | $0.14 | Projected |
| November 13, 2026 | December 4, 2026 | $0.14 | Projected |
| December 13, 2026 | January 3, 2027 | $0.14 | Projected |
| January 13, 2027 | February 3, 2027 | $0.14 | Projected |
| February 13, 2027 | March 6, 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 713 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.93%. NCV's 9.96% is 6.03 percentage points above that median, ranking 198th of 713 by yield.
Within Financial Services, where we track 119 names, the median yield is 7.26% — putting NCV above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
What the numbers mean
NCV pays out roughly 44% of its earnings as dividends. That sits in the range income investors generally consider healthy and sustainable for a mature business.
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 September 13, 2026, with the payment scheduled for October 4, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NCV's dividend yield?
NCV currently yields 9.96%, 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 9.96% yield, $10,000 invested in NCV would produce roughly $996.00 per year, or about $83.00 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 279 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.