AllianzGI Convertible & Income Fund Stock Dividends Overview

NCV pays dividends monthly. Last paid amount was $0.0340 at Apr 29, 2024. As of today, dividend yield (TTM) is 12.49%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 12.49%
Frequency Monthly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.0340
Next Ex-Dividend Date May 10, 2024
Next Payment Date May 30, 2024

Upcoming Dividend Payment

To receive the upcoming dividend from NCV the purchase should be done within the next 8 days.
Here's a simple guide on how to buy NCV stock.

NCV Dividend Payout History

To ensure a understanding of NCV's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 06, 2024 Jun 13, 2024 Jun 27, 2024 $0.0340 1.08%
2 May 10, 2024 May 10, 2024 May 30, 2024 $0.0340 1.08%
3 Mar 01, 2024 Apr 10, 2024 Apr 29, 2024 $0.0340 1.06%
4 Mar 01, 2024 Mar 08, 2024 Mar 28, 2024 $0.0340 1.02%
5 Nov 21, 2023 Feb 09, 2024 Feb 28, 2024 $0.0340 1.06%
6 Nov 16, 2023 Jan 11, 2024 Jan 30, 2024 $0.0340 1.03%
7 Nov 16, 2023 Dec 08, 2023 Jan 02, 2024 $0.0340 1.01%
8 Sep 05, 2023 Nov 10, 2023 Dec 01, 2023 $0.0340 1.07%
9 Aug 31, 2023 Oct 11, 2023 Nov 01, 2023 $0.0340 1.14%
10 Aug 31, 2023 Sep 08, 2023 Oct 02, 2023 $0.0340 1.10%

Dividend Sustainability

The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Sustainability score

Low (52.10%)

Growth potential

Decrease likely (22.25%)

NCV Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NCV dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NCV stock here.

Comparing NCV to Sector and Country

NCV pays a solid dividend yield of 12.49%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). NCV’s dividend yield is higher than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%).

FAQ

What factors can affect the amount of NCV's dividend payments?
The amount of NCV's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NCV sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NCV stock be automatically reinvested?
If NCV offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NCV stock.

How often does NCV pay dividend?
AllianzGI Convertible & Income Fund (NCV) pays dividends monthly. The most recent payout was on Apr 29, 2024. The upcoming dividend Ex Date is May 10, 2024, with an amount of $0.0340.

How much does NCV pays per share?
The last recorder (Apr 10, 2024) dividend per share was $0.0340.

What is NCV dividend growth rate?
Over the last year, AllianzGI Convertible & Income Fund has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been -7.53%. Furthermore, examining the past 5 years, AllianzGI Convertible & Income Fund has maintained an average Dividends Per Share Growth Rate of -8.50%.
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About AllianzGI Convertible & Income Fund

Virtus Convertible & Income Fund is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities with a broad range of maturities, with a ... NCV Profile

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