Does NIE pay a dividend?

Yes. Virtus Equity & Convertible Income Fund pays a quarterly dividend, currently yielding 8.61% based on trailing twelve-month payments of $2.16 per share.

How much does NIE pay in dividends?

$2.16 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.

When is the next NIE ex-dividend date?

No upcoming ex-dividend date is currently on record for NIE. Dates appear here once the company declares them.

NIE Dividend

Virtus Equity & Convertible Income Fund

NYSEFinancial ServicesStockData as of September 14, 2026

Dividend yield: 8.61%
Annual dividend: $2.16
Payout ratio: 0.00
Frequency: Quarterly
Share price: $25.10
Market cap: $695M

Is NIE a good dividend stock?

What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.

Yield is above the market median8.61% against a median of 2.92% across US dividend payers.
Dividend is comfortably coveredA payout ratio of 0.00 means roughly 0% of earnings go to the dividend, leaving room to keep paying through a weaker year.
Dividend has been cut onceAcross 19 complete years, the annual total fell in 2009. The most recent reduction was in 2009.

NIE dividend history

Annual dividend per share, 2007 to 2025.

Peak $2.25 in 2008Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for NIE, most recent first.
Ex-dividend date	Pay date	Amount	Type
September 14, 2026	September 29, 2026	$0.5800	Quarterly
June 15, 2026	June 29, 2026	$0.5800	Quarterly
March 16, 2026	March 30, 2026	$0.5000	Quarterly
December 29, 2025	January 9, 2026	$0.5260	Special
December 11, 2025	December 30, 2025	$0.5000	Quarterly
September 12, 2025	September 29, 2025	$0.5000	Quarterly
June 12, 2025	June 27, 2025	$0.5000	Quarterly
March 13, 2025	March 28, 2025	$0.5000	Quarterly
December 12, 2024	December 30, 2024	$0.5000	Quarterly
September 13, 2024	September 26, 2024	$0.5000	Quarterly
June 13, 2024	June 27, 2024	$0.5000	Quarterly
March 8, 2024	March 28, 2024	$0.5000	Quarterly
December 8, 2023	December 22, 2023	$0.5000	Quarterly
September 8, 2023	September 22, 2023	$0.5000	Quarterly
June 9, 2023	June 23, 2023	$0.5000	Quarterly
March 10, 2023	March 24, 2023	$0.5000	Quarterly
December 29, 2022	January 10, 2023	$1.9765	Special
December 9, 2022	December 23, 2022	$0.5000	Quarterly
September 9, 2022	September 23, 2022	$0.5000	Quarterly
June 10, 2022	June 24, 2022	$0.5000	Quarterly
March 11, 2022	March 25, 2022	$0.5000	Quarterly
December 23, 2021	January 10, 2022	$1.7540	Irregular
December 17, 2021	January 7, 2022	$0.3800	Quarterly
September 10, 2021	September 24, 2021	$0.3800	Quarterly
June 11, 2021	June 25, 2021	$0.3800	Quarterly
March 12, 2021	March 26, 2021	$0.3800	Quarterly
December 18, 2020	January 4, 2021	$0.3800	Quarterly
September 11, 2020	September 25, 2020	$0.3800	Quarterly
June 12, 2020	June 26, 2020	$0.3800	Quarterly
March 13, 2020	March 27, 2020	$0.3800	Quarterly
December 20, 2019	January 3, 2020	$0.3800	Quarterly
September 13, 2019	September 27, 2019	$0.3800	Quarterly
June 14, 2019	June 28, 2019	$0.3800	Quarterly
March 8, 2019	March 22, 2019	$0.3800	Quarterly
December 21, 2018	January 4, 2019	$0.3800	Quarterly
September 14, 2018	September 28, 2018	$0.3800	Quarterly
June 8, 2018	June 22, 2018	$0.3800	Quarterly
March 9, 2018	March 23, 2018	$0.3800	Quarterly
December 22, 2017	January 5, 2018	$0.3800	Quarterly
September 8, 2017	September 22, 2017	$0.3800	Quarterly

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Frequently asked questions

Does NIE pay a dividend?: Yes. Virtus Equity & Convertible Income Fund pays a quarterly dividend, currently yielding 8.61% based on trailing twelve-month payments of $2.16 per share.
How much does NIE pay in dividends?: $2.16 per share over the last twelve months, paid quarterly. Special and one-off distributions are excluded from that figure because they do not recur.
When is the next NIE ex-dividend date?: No upcoming ex-dividend date is currently on record for NIE. Dates appear here once the company declares them.