DIVIDEND ANNOUNCEMENT: Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) on 03/03/2023 declared a dividend of $0.0460 per share

Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) on 03/03/2023 declared a dividend of $ 0.0460 per share payable on May 01, 2023 to shareholders of record as of April 13, 2023. Dividend amount recorded is a decrease of $ 0.0449 from last dividend Paid.

Virtus Convertible & Income 2024 Target Term Fund (NYSE:CBH) has paid dividends since 1984, has a current dividend yield of 6.2929062843% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 8.74 and has a 52 week low/high of $ 8.17 and $ 9.68.

Virtus Convertible & Income 2024 Target Term is a diversified, closed-end management investment company. The Fund's investment objectives are to provide a high level of income and to return at least $9.835 per common share (the original net asset value per common share of beneficial interest before deducting offering costs of $0.02 per share) to holders of common shares on or about Sept. 1, 2024. The Fund attempts to achieve its investment objectives by investing in a portfolio of high yield securities, convertible securities and other debt instruments, including senior secured loans, primarily of United States issuers.

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