NCV vs V
Virtus Convertible & Income Fund compared with Visa Inc. on yield, payout growth, payment schedule, cost and risk.
Quick take
- NCV yields more today: 9.90% vs 0.73% (forward).
- V has grown its payout faster: 15.9%/yr vs -4.6%/yr over the last 5 years.
- NCV pays every month; V pays every quarter.
- V has the longer streak of annual increases: 17 years vs 0.
- Over the last year NCV delivered the higher total return: +22.4% vs +5.6% (price change plus payouts).
- V raises fewer payout-risk flags on our heuristic (low vs moderate).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | NCV | V |
|---|---|---|
| Share price | $16.48 | $368.64 |
| TTM yield | 9.90% | 0.73% |
| Forward yield | 9.90% | 0.73% |
| Annual payout per share | $1.632 | $2.68 |
| Payment frequency | Monthly | Quarterly |
| Next ex-date | Sep 14, 2026 (declared) | Nov 10, 2026 (est.) |
| Payout ratio (earnings) | 44% | 22% |
| 1-year payout growth | +0.0% | +13.6% |
| 5-year payout CAGR | -4.6% | +15.9% |
| Consecutive years of increases | 0 years | 17 years |
| Payout consistency (last 12) | 100/100 | 90/100 |
| 1-year total return | +22.4% | +5.6% |
| 1-year price return | +11.4% | +4.8% |
| Size (market cap / AUM) | — | 688.3B |
| Years paying | 23.3 | 18.1 |
| Payout risk (heuristic) | Moderate | Low |
| Sector / category | Financial Services | Financial Services |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| NCV | V | |
|---|---|---|
| Shares | 606.8 | 27.1 |
| Income per year | $990 | $73 |
| Income per month (avg) | $83 | $6 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| NCV Sep 14, 2026 | Sep 28, 2026 | $0.136 | Declared |
| NCV Oct 15, 2026 | Oct 29, 2026 | $0.136 | Est. |
| NCV Nov 15, 2026 | Nov 29, 2026 | $0.136 | Est. |
| V Nov 10, 2026 | Nov 24, 2026 | $0.67 | Est. |
| V Feb 9, 2027 | Feb 23, 2027 | $0.67 | Est. |
| V May 11, 2027 | May 25, 2027 | $0.67 | Est. |
Annual payouts per share
NCVV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, NCV or V?
NCV currently has the higher trailing yield: NCV yields 9.90% and V yields 0.73%. Yield changes daily with price, so check the live figures above.
How often do NCV and V pay?
NCV pays every month and V pays every quarter. NCV's next ex-date is Sep 14, 2026 and V's is Nov 10, 2026.
Which has grown its dividend faster, NCV or V?
V has grown its payout faster: 15.9%/yr vs -4.6%/yr over the last 5 years.
Is NCV or V better for income?
It depends on what you are optimising for. NCV and V differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.