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Realtime updates for Allianzgi Convertible & [NCZ]

Exchange: NYSE Sector: Financial Services Industry: Asset Management
Last Updated25 Apr 2024 @ 16:00

-0.71% $ 2.78

Live Chart Being Loaded With Signals

Commentary (25 Apr 2024 @ 16:00):
Profile picture for Allianzgi Convertible & Income Fund II

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC...

Stats
Today's Volume 141 348
Average Volume 448 233
Market Cap 211.60M
EPS $0.0518 ( 2023-07-31 )
Last Dividend $0.0300 ( 2024-02-09 )
Next Dividend $0 ( N/A )
P/E 27.80
ATR14 $0.00300 (0.11%)
Insider Trading
Date Person Action Amount type
2024-01-10 Toms Matthew Buy 0
2023-05-26 Metlife Investment Management, Llc Buy 0 Series A Mandatory Redeemable Preferred Shares
2023-05-23 Mcdaniel Connie D Buy 0
2023-05-23 Walton R Keith Buy 0
2023-05-23 Mcnamara Geraldine M Buy 0
INSIDER POWER
-100.00
Last 64 transactions
Buy: 48 105 | Sell: 12 853

Volume Correlation

Long: 0.01 (neutral)
Short: 0.39 (neutral)
Signal:(54.041) Neutral

Allianzgi Convertible & Correlation

10 Most Positive Correlations
10 Most Negative Correlations

Did You Know?

Correlation is a statistical measure that describes the relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation (as one variable increases, the other decreases), 1 indicates a perfect positive correlation (as one variable increases, the other increases), and 0 indicates no correlation (there is no relationship between the variables).

Correlation can be used to analyze the relationship between any two variables, not just stocks. It's commonly used in fields such as finance, economics, psychology, and more.

Allianzgi Convertible & Correlation - Currency/Commodity

The country flag -0.21
( neutral )
The country flag -0.57
( weak negative )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag 0.00
( neutral )
The country flag 0.66
( moderate )

Allianzgi Convertible & Financials

Annual 2023
Revenue: $7.76M
Gross Profit: $4.60M (59.24 %)
EPS: $0.0183
Q4 2023
Revenue: $1.14M
Gross Profit: $-424 000 (-37.16 %)
EPS: $-0.0459
Q3 2023
Revenue: $4.58M
Gross Profit: $4.58M (100.00 %)
EPS: $-0.0427
Q2 2023
Revenue: $-10.70M
Gross Profit: $-12.30M (114.94 %)
EPS: $0.140

Financial Reports:

No articles found.

Allianzgi Convertible & Dividends

(Q3/22) (Q4/22) (Q1/23) (Q2/23) (Q3/23) (Q4/23) (Q1/24) (Q2/24) (Q3/24) (Q4/24)
$0.113
(N/A)
$0.113
(N/A)
$0.113
(N/A)
$0.0900
(N/A)
$0.0900
(N/A)
$0.0900
(N/A)
$0.0600
(N/A)
$0
(N/A)
$0
(N/A)
$0
(N/A)

Allianzgi Convertible & Dividend Information - Dividend Royal

Dividend Sustainability Score: 5.45 - average (48.76%) | Divividend Growth Potential Score: 2.88 - Decrease likely (42.35%)

Very Unsafe

High risk of being cut

Unsafe

Heightened risk of being cut

Borderline

Moderate risk of being cut

Safe

Unlikely to be cut

Very Safe

Very unlikely to be cut

Information
First Dividend $0.116 2003-09-24
Last Dividend $0.0300 2024-02-09
Next Dividend $0 N/A
Payout Date 2024-02-28
Next Payout Date N/A
# dividends 247 --
Total Paid Out $19.44 --
Avg. Dividend % Per Year 7.79% --
Score 7.37 --
Div. Sustainability Score 5.45
Div.Growth Potential Score 2.88
Div. Directional Score 4.16 --
Next Divdend (Est)
(2024-07-01)
$0.0318 Estimate 62.19 %
Dividend Stability
1.00 Excellent
Dividend Score
7.37
Pay Frequency
Monthly
Yearly Payout
Year Amount Yield
2003 $0.580 3.87%
2004 $1.567 10.10%
2005 $1.276 8.11%
2006 $1.392 9.69%
2007 $1.599 10.20%
2008 $1.190 9.48%
2009 $1.222 25.90%
2010 $1.160 13.60%
2011 $1.020 10.80%
2012 $1.020 12.40%
2013 $1.020 12.50%
2014 $1.020 11.30%
2015 $0.911 10.40%
2016 $0.692 13.80%
2017 $0.692 12.00%
2018 $0.692 11.20%
2019 $0.578 12.40%
2020 $0.475 9.30%
2021 $0.452 8.95%
2022 $0.452 8.90%
2023 $0.383 13.20%
2024 $0.0600 2.03%

Dividend Commentary

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.

Top 10 dividend Companies for NYSE

Symbol Title Last dividend Frequency Years Dividend Yearly Dividend Score
LOMA Dividend Knight 2023-06-30 Quarterly 2 5.23% 8.53
NCV Dividend Royal 2024-02-09 Monthly 22 7.68% 8.50
MTR Dividend Diamond 2023-10-30 Monthly 39 10.10% 8.50
SBR Dividend Royal 2023-11-14 Monthly 38 7.74% 8.50
PDI Dividend Royal 2023-11-10 Monthly 13 7.86% 8.50
GOF Dividend Royal 2023-11-14 Monthly 18 8.03% 8.50
ZTR Dividend King 2024-02-09 Monthly 37 8.35% 8.50
ORC Dividend Royal 2023-11-29 Monthly 12 9.23% 8.50
KIO Dividend Royal 2023-12-14 Monthly 12 7.05% 8.50
NCZ Dividend Royal 2024-02-09 Monthly 22 7.79% 8.50

Dividend Sustainability Score (DSS)

RatioActual ValueWeightNormalized ValueScoreRange
netProfitMarginTTM-19.121.500-10.00-10.00[0 - 0.5]
returnOnAssetsTTM0.01911.2009.3610.00[0 - 0.3]
returnOnEquityTTM0.02201.500-0.867-1.301[0.1 - 1]
payoutRatioTTM3.89-1.00010.00-10.00[0 - 1]
currentRatioTTM0.2580.800-3.71-2.97[1 - 3]
quickRatioTTM0.3920.800-2.40-1.919[0.8 - 2.5]
cashRatioTTM0.1631.500-0.205-0.308[0.2 - 2]
debtRatioTTM0.131-1.5007.81-10.00[0 - 0.6]
interestCoverageTTM5.091.0009.229.22[3 - 30]
operatingCashFlowPerShareTTM0.7462.009.7510.00[0 - 30]
freeCashFlowPerShareTTM0.7462.009.6310.00[0 - 20]
debtEquityRatioTTM0.155-1.5009.38-10.00[0 - 2.5]
grossProfitMarginTTM8.491.00010.0010.00[0.2 - 0.8]
operatingProfitMarginTTM-43.721.000-10.00-10.00[0.1 - 0.6]
cashFlowToDebtRatioTTM1.0251.0005.425.42[0.2 - 2]
assetTurnoverTTM-0.001000.800-3.34-2.67[0.5 - 2]
Total Score5.45

Dividend Growth Score (DGS)

RatioActual ValueWeightNormalized ValueScoreRange
peRatioTTM26.381.0007.440[1 - 100]
returnOnEquityTTM0.02202.50-0.557-1.301[0.1 - 1.5]
freeCashFlowPerShareTTM0.7462.009.7510.00[0 - 30]
dividendYielPercentageTTM12.861.50010.000[0 - 0.4]
operatingCashFlowPerShareTTM0.7462.009.7510.00[0 - 30]
payoutRatioTTM3.891.50010.00-10.00[0 - 1]
pegRatioTTM-0.2221.500-4.810[0.5 - 2]
operatingCashFlowSalesRatioTTM-134.411.000-10.000[0.1 - 0.5]
Total Score2.88

Allianzgi Convertible &

Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC. It invests in fixed income markets of the United States. The fund primarily invests in convertible securities and non-convertible high-yield bonds rated below investment grade. It invests in securities across a broad range of maturities, with the weighted average maturity ranging between five to ten years. The fund typically employs fundamental analysis with a bottom up stock picking approach to create its portfolio. It conducts in-house research using proprietary models. The fund was formerly known as AGIC Convertible & Income Fund II. Virtus Convertible & Income Fund II was formed on July 31, 2003 and is domiciled in the United States.

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