SmarterDividends
ACV

Virtus Diversified Income & Convertible Fund

ACV

Financial Services · Stock · monthly payer

Forward Yield

7.70%

Annual Dividend

$2.16

Payout Ratio

42%

5-Yr Growth

1.5%

Ex-Date

Jun 15, 2026

Frequency

Monthly

ACV Dividend Safety Score

86/ 100
Grade A

Very Safe

Dividend-growth streak9 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage42% of earnings paid out
Yield vs its historyYield in line with its history

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is ACV a good dividend stock?

Yes

Virtus Diversified Income & Convertible Fund (ACV) pays a monthly dividend yielding 7.70% ($2.16/yr), with 10 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 10 consecutive years of dividend growth
  • Never cut its dividend on record
  • Comfortable payout ratio (42%)
  • Top-tier dividend safety score

Risks

  • Share price is down over the past 5 years

Key Data

Dividend Yield
7.70%
Payout Ratio
42%
Annual Dividend
$2.16
5-Yr Avg Growth
1.5%
Ex-Dividend Date
Jun 15, 2026
Years of Growth
10
Frequency
monthly
Beta
Market Cap
$291.8M
P/E Ratio
5.5
5-Yr Total Return
-20%
52-Week Range
$21.74 – $29.04
Dividend Safety
A · 86/100
Ever Cut?
No
ACV ex-dividend date & scheduleNext ex-date Jun 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.16 / yr per share

Per payment (monthly)$18.00
Annual$216.00
Monthly avg$18.00