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AllianzGI Equity & Convertible Income Fund Stock Dividends Overview

NIE pays dividends quarterly. Last paid amount was $0.500 at Mar 28, 2024. As of today, dividend yield (TTM) is 9.55%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 9.55%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.500
AllianzGI Equity & Convertible Income Fund has not yet announced its next dividend date. Last payment date was: Mar 28, 2024.

NIE Dividend Payout History

To ensure a understanding of NIE's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 08, 2024 Mar 28, 2024 $0.500 2.23%
2 Nov 16, 2023 Dec 08, 2023 Dec 22, 2023 $0.500 2.39%
3 Aug 31, 2023 Sep 08, 2023 Sep 22, 2023 $0.500 2.48%
4 Mar 16, 2023 Jun 09, 2023 Jun 23, 2023 $0.500 2.45%
5 Jan 12, 2023 Mar 10, 2023 Mar 24, 2023 $0.500 2.63%
6 Dec 20, 2022 Dec 29, 2022 Jan 10, 2023 $1.98 10.13%
7 Sep 08, 2022 Dec 09, 2022 Dec 23, 2022 $0.500 2.47%
8 Jun 09, 2022 Sep 09, 2022 Sep 23, 2022 $0.500 2.42%
9 Mar 09, 2022 Jun 10, 2022 Jun 24, 2022 $0.500 2.33%
10 Dec 20, 2021 Mar 11, 2022 Mar 25, 2022 $0.500 1.84%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (40.52%)

Growth potential

No dividend expected

NIE Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from NIE dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NIE stock here.

Comparing NIE to Sector and Country

NIE pays a solid dividend yield of 9.55%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.87%). NIE’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.11%), which means that there are more attractive dividend stocks to consider.

NIE Stock Competitors

Symbol Company Name Market Cap Amount Per Share Dividend Yield (TTM) Payout Ratio (TTM)
NIE
AllianzGI Equity & Convertible Income Fund 605.442M $0.500 9.55% -

FAQ

What factors can affect the amount of NIE's dividend payments?
The amount of NIE's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in NIE sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from NIE stock be automatically reinvested?
If NIE offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy NIE stock.

How often does NIE pay dividend?
AllianzGI Equity & Convertible Income Fund (NIE) pays dividends quarterly. The most recent payout was on Mar 28, 2024.

How much does NIE pays per share?
The last recorder (Mar 08, 2024) dividend per share was $0.500.

What is NIE dividend growth rate?
Over the last year, AllianzGI Equity & Convertible Income Fund has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been 9.58%. Furthermore, examining the past 5 years, AllianzGI Equity & Convertible Income Fund has maintained an average Dividends Per Share Growth Rate of 5.64%.
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About AllianzGI Equity & Convertible Income Fund

Virtus Equity & Convertible Income Fund is a closed ended equity 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 the public equity markets of the United States. The fund invests in stocks of companies operating across diversified sectors. It primarily invests in growth stocks of companies. The fund also invests in income producing converti... NIE Profile

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