Virtus Global Multi-Sector Income Fund
VGIFinancial Services · Stock · monthly payer
$7.43
Add to PortfolioForward Yield
8.88%
Annual Dividend
$0.66
Payout Ratio
130%
5-Yr Growth
-4.4%
Ex-Date
Jun 15, 2026
Frequency
Monthly
VGI Dividend Safety Score
54/ 100
Grade C
Borderline
Dividend-growth streak4 consecutive years of growth
Cut historyCut its dividend in 2021
Earnings payout coverage130% 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 VGI a good dividend stock?
MixedVirtus Global Multi-Sector Income Fund (VGI) pays a monthly dividend yielding 8.88% ($0.66/yr), with 4 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2021
- Elevated payout ratio (130%)
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.88%
- Payout Ratio
- 130%
- Annual Dividend
- $0.66
- 5-Yr Avg Growth
- -4.4%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 4
- Frequency
- monthly
- Beta
- —
- Market Cap
- $84.1M
- P/E Ratio
- 10.0
- 5-Yr Total Return
- -38%
- 52-Week Range
- $7.20 – $8.09
- Dividend Safety
- C · 54/100
- Ever Cut?
- Yes (2021)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 11, 2026 | — | $0.0800 | regular |
| Apr 13, 2026 | — | $0.0800 | regular |
| Mar 16, 2026 | — | $0.0800 | regular |
| Feb 12, 2026 | — | $0.0800 | regular |
| Jan 12, 2026 | — | $0.0800 | regular |
| Dec 11, 2025 | — | $0.0800 | regular |
| Nov 13, 2025 | — | $0.0800 | regular |
| Oct 14, 2025 | — | $0.0800 | regular |
| Sep 12, 2025 | — | $0.0800 | regular |
| Aug 11, 2025 | — | $0.0800 | regular |
| Jul 11, 2025 | — | $0.0800 | regular |
| Jun 12, 2025 | — | $0.0800 | regular |
| May 12, 2025 | — | $0.0800 | regular |
| Apr 11, 2025 | — | $0.0800 | regular |
Income Calculator
At $0.66 / yr per share
Per payment (monthly)$5.50
Annual$66.00
Monthly avg$5.50
