# Virtus Equity & Convertible Income Fund (NIE) — Dividends

NIE · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/nie/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | quarterly |
| Trailing 12 months | $2.69 |
| Forward yield | 10.60% |
| Growth streak | — |

Virtus Equity & Convertible Income Fund pays quarterly dividends, with its most recent payout of $0.58 per share going to holders of record on an [ex-dividend date](/instructions/learning/ex-dividend-date) of September 14, 2026, and paid on September 29, 2026. Over the trailing 12 months, the fund distributed $2.686 per share, representing a [yield](/instructions/learning/dividend-yield) of 10.63% at a share price of $25.28. The fund currently has a growth streak of 0 years.

In 2020, total payments reached $1.52 across four regular $0.38 payouts. The 2021 total rose to $3.274, including four $0.38 payments and an additional year-end payment of $1.754. In 2022, regular payouts increased by 31.58% to $0.50 per quarter, alongside two year-end payments of $1.7939 and $0.1826, producing a $3.9765 total. No distributions were recorded in 2023. Payments resumed in June 2024, yielding $1.50 across three $0.50 distributions. In 2025, payouts totaled $2.526 from four $0.50 distributions and a fifth payment of $0.526.

In 2026, after a $0.50 March payout, the rate increased 16% to $0.58 in June and September. If the quarterly pattern continues, the next distribution will fall in December 2026.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Sep 14, 2026 | Sep 29, 2026 | $0.58 |
| Jun 15, 2026 | Jun 29, 2026 | $0.58 |
| Mar 16, 2026 | Mar 30, 2026 | $0.50 |
| Dec 29, 2025 | Jan 9, 2026 | $0.53 |
| Dec 11, 2025 | Dec 30, 2025 | $0.50 |
| Sep 12, 2025 | Sep 29, 2025 | $0.50 |
| Jun 12, 2025 | Jun 27, 2025 | $0.50 |
| Mar 13, 2025 | Mar 28, 2025 | $0.50 |
| Dec 12, 2024 | Dec 30, 2024 | $0.50 |
| Sep 13, 2024 | Sep 26, 2024 | $0.50 |
| Jun 13, 2024 | Jun 27, 2024 | $0.50 |
| Dec 29, 2022 | Jan 10, 2023 | $1.79 |
| Dec 29, 2022 | Jan 10, 2023 | $0.18 |
| Dec 9, 2022 | Dec 23, 2022 | $0.50 |
| Sep 9, 2022 | Sep 23, 2022 | $0.50 |
| Jun 10, 2022 | Jun 24, 2022 | $0.50 |
| Mar 11, 2022 | Mar 25, 2022 | $0.50 |
| Dec 23, 2021 | Jan 10, 2022 | $1.75 |
| Dec 17, 2021 | Jan 7, 2022 | $0.38 |
| Sep 10, 2021 | Sep 24, 2021 | $0.38 |

## Frequently Asked Questions

### Does Virtus Equity & Convertible Income Fund (NIE) pay a dividend?

Yes. Virtus Equity & Convertible Income Fund pays a quarterly dividend; the most recent payment was $0.58 per share.

### What is NIE's dividend yield?

Virtus Equity & Convertible Income Fund paid $2.69 per share over the trailing twelve months, a yield of 10.60% at the last price of $25.33. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### When is NIE's most recent ex-dividend date?

Virtus Equity & Convertible Income Fund's most recent ex-dividend date is Sep 14, 2026, payable on Sep 29, 2026.

### What is the difference between ex and payment dates?

An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. [Click here to learn more](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).