Virtus Diversified Income & Convertible Fund
ACVFinancial Services · Stock · monthly payer
Forward Yield
8.27%
Annual Dividend
$2.16
Payout Ratio
42%
5-Yr Growth
1.5%
Ex-Date
Sep 14, 2026
Frequency
Monthly
Summary
As of September 2026, Virtus Diversified Income & Convertible Fund (ACV) yields 8.27% ($2.16 per share annually), with a blended fair-value estimate of $66.13 — +153% upside, so it screens as undervalued. Dividend safety grade: A (83/100).
Is ACV a good dividend stock?
YesVirtus Diversified Income & Convertible Fund (ACV) pays a monthly dividend yielding 8.27% ($2.16/yr), with 0 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
- Never cut its dividend on record
- Comfortable payout ratio (42%)
- Top-tier dividend safety score
Risks
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.27%
- Payout Ratio
- 42%
- Annual Dividend
- $2.16
- 5-Yr Avg Growth
- 1.5%
- Ex-Dividend Date
- Sep 14, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $271.6M
- P/E Ratio
- 5.1
- 5-Yr Total Return
- -23%
- 52-Week Range
- $23.44 – $29.04
- Dividend Safety
- A · 83/100
- Ever Cut?
- No
Frequently Asked Questions
ACV Price — Last 12 Months
Daily close
Price Return
1 Year
+8%
3 Years
+40%
5 Years
-23%
52-Week Range
$23.44 – $29.04
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is ACV worth?
Undervaluedlow confidenceOur blended fair-value estimate for Virtus Diversified Income & Convertible Fund is $66.13 per share, versus a market price of $26.13. That implies 153% of upside — a margin of safety of about 60%.
Fair Value
$66.13
Current Price
$26.13
Upside
+153%
Margin of Safety
60%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $5.14 EPS, $2.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
ACV Dividend Safety Score
Very Safe
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
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Aug 13, 2026 | — | $0.1800 | regular |
| Jul 13, 2026 | — | $0.1800 | regular |
| Jun 15, 2026 | — | $0.1800 | regular |
| May 11, 2026 | — | $0.1800 | regular |
| Apr 13, 2026 | — | $0.1800 | regular |
| Mar 16, 2026 | — | $0.1800 | regular |
| Feb 12, 2026 | — | $0.1800 | regular |
| Jan 12, 2026 | — | $0.1800 | regular |
| Dec 29, 2025 | — | $0.3840 | regular |
| Dec 11, 2025 | — | $0.1800 | regular |
| Nov 13, 2025 | — | $0.1800 | regular |
| Oct 14, 2025 | — | $0.1800 | regular |
| Sep 12, 2025 | — | $0.1800 | regular |
| Aug 11, 2025 | — | $0.1800 | regular |
Income Calculator
At $2.16 / yr per share
