AllianzGI Equity & Convertible Income FD (NYSE:NIE) to Issue Quarterly Dividend of $0.38

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AllianzGI Equity & Convertible Income FD (NYSE:NIE) declared a quarterly dividend on Friday, June 5th, Zacks reports. Stockholders of record on Monday, June 15th will be paid a dividend of 0.38 per share on Friday, June 26th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 6.89%. The ex-dividend date of this dividend is Friday, June 12th.

Shares of NYSE:NIE traded down $0.87 during midday trading on Thursday, reaching $22.06. 27,296 shares of the company’s stock traded hands, compared to its average volume of 106,397. AllianzGI Equity & Convertible Income FD has a 1 year low of $14.62 and a 1 year high of $24.66. The company has a fifty day simple moving average of $21.15 and a two-hundred day simple moving average of $21.66.

AllianzGI Equity & Convertible Income FD Company Profile

AllianzGI 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.

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Dividend History for AllianzGI Equity & Convertible Income FD (NYSE:NIE)

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