Virtus Equity & Convertible Income Fund Dividend History | Yield & Payout Insights

Dividend history and payout analysis for Virtus Equity & Convertible Income Fund (NIE). Use the fiscal-year summary and the payout history table below to track dividend per share, dividend yield, and payout ratio changes over time, plus the key dates investors watch for dividend investing.

Dividend Performance Chart

Dividend Summary (FY)

19 years
Metric (FY)2025202420232022202120202019201820172016201520142013201220112010200920082007
Dividends per share (FY)$1.50$2.00$2.00$3.98$3.27$1.52$1.52$1.52$1.52$1.52$1.52$1.32$1.36$1.12$1.12$1.12$1.12$2.30$1.68
Dividend yield (FY) %N/A8.03%9.38%19.61%11.98%5.37%6.57%7.41%6.88%7.99%8.94%6.60%7.26%6.25%6.50%5.80%7.05%17.66%7.67%
Payout ratio (FY) %N/A42.44%59.00%-101.70%-83.97%56.51%39.18%-330.43%33.85%17.51%-49.54%33.76%20.88%22.26%-309.88%10.49%7.44%-9.45%63.42%

Dividend Payout History

76 payments
Pay DateEx-DateRecord DateAmount
2025-09-29September 12, 252025-09-12$0.50
2025-06-27June 12, 252025-06-12$0.50
2025-03-28March 13, 252025-03-13$0.50
2024-12-30December 12, 242024-12-12$0.50
2024-09-26September 13, 242024-09-13$0.50
2024-06-27June 13, 242024-06-13$0.50
2024-03-28March 08, 242024-03-11$0.50
2023-12-22December 08, 232023-12-11$0.50
2023-09-22September 08, 232023-09-11$0.50
2023-06-23June 09, 232023-06-12$0.50
2023-03-24March 10, 232023-03-13$0.50
2023-01-10December 29, 222022-12-30$1.98
2022-12-23December 09, 222022-12-12$0.50
2022-09-23September 09, 222022-09-12$0.50
2022-06-24June 10, 222022-06-13$0.50
2022-03-25March 11, 222022-03-14$0.50
2022-01-10December 23, 212021-12-27$1.75
2022-01-07December 17, 212021-12-20$0.38
2021-09-24September 10, 212021-09-13$0.38
2021-06-25June 11, 212021-06-14$0.38
2021-03-26March 12, 212021-03-15$0.38
2021-01-04December 18, 202020-12-21$0.38
2020-09-25September 11, 202020-09-14$0.38
2020-06-26June 12, 202020-06-15$0.38
2020-03-27March 13, 202020-03-16$0.38
2020-01-03December 20, 192019-12-23$0.38
2019-09-27September 13, 192019-09-16$0.38
2019-06-28June 14, 192019-06-17$0.38
2019-03-22March 08, 192019-03-11$0.38
2019-01-04December 21, 182018-12-24$0.38
2018-09-28September 14, 182018-09-17$0.38
2018-06-22June 08, 182018-06-11$0.38
2018-03-23March 09, 182018-03-12$0.38
2018-01-05December 22, 172017-12-26$0.38
2017-09-22September 08, 172017-09-11$0.38
2017-06-23June 08, 172017-06-12$0.38
2017-03-24March 09, 172017-03-13$0.38
2017-01-06December 22, 162016-12-27$0.38
2016-09-23September 08, 162016-09-12$0.38
2016-06-24June 09, 162016-06-13$0.38
2016-03-24March 10, 162016-03-14$0.38
2016-01-05December 23, 152015-12-28$0.38
2015-09-25September 10, 152015-09-14$0.38
2015-06-26June 11, 152015-06-15$0.38
2015-03-27March 12, 152015-03-16$0.38
N/ADecember 24, 14N/A$0.38
2014-09-26September 11, 142014-09-15$0.38
2014-06-27June 12, 142014-06-16$0.28
2014-03-28March 13, 142014-03-17$0.28
2014-01-06December 24, 132013-12-27$0.52
2013-09-26September 12, 132013-09-16$0.28
2013-06-27June 13, 132013-06-17$0.28
2013-03-28March 14, 132013-03-18$0.28
2013-01-07December 26, 122012-12-28$0.28
2012-09-27September 13, 122012-09-17$0.28
2012-06-28June 14, 122012-06-18$0.28
2012-03-29March 15, 122012-03-19$0.28
2012-01-06December 28, 112011-12-30$0.28
2011-09-29September 15, 112011-09-19$0.28
2011-06-29June 16, 112011-06-20$0.28
2011-03-30March 17, 112011-03-21$0.28
2011-01-07December 29, 102010-12-31$0.28
2010-09-29September 16, 102010-09-20$0.28
2010-06-29June 17, 102010-06-21$0.28
2010-03-30March 18, 102010-03-22$0.28
2010-01-04December 23, 092009-12-28$0.28
2009-09-25September 17, 092009-09-21$0.28
2009-06-26June 18, 092009-06-22$0.28
2009-03-27March 19, 092009-03-23$0.28
2009-01-02December 24, 082008-12-29$0.62
2008-09-26September 18, 082008-09-22$0.56
2008-06-27June 19, 082008-06-23$0.56
2008-03-28March 19, 082008-03-24$0.56
2008-01-04December 27, 072007-12-31$0.56
2007-09-28September 20, 072007-09-24$0.56
N/AJune 01, 07N/A$0.56

Frequently Asked Questions

What is Virtus Equity & Convertible Income Fund's current dividend yield and payout ratio?

The dividend yield shows how much Virtus Equity & Convertible Income Fund returns to shareholders relative to its stock price, while the payout ratio indicates how much of its earnings are distributed. Monitoring these metrics helps investors evaluate whether the dividend is sustainable and supported by earnings or cash flow.

How has Virtus Equity & Convertible Income Fund's dividend changed over the last 5 years?

By reviewing the historical dividend payouts for Virtus Equity & Convertible Income Fund, investors can identify trends in growth or cuts. Consistent or rising dividends over time often signal financial stability, while decreasing dividends may indicate potential risks or shifts in business strategy. Use the FY summary and payout history tables to track changes across multiple years.

Is Virtus Equity & Convertible Income Fund a high-yield stock compared to its industry peers?

Comparing Virtus Equity & Convertible Income Fund's dividend yield with similar companies in the same sector helps gauge relative attractiveness. A higher yield can be appealing for income-focused investors, but it's important to assess sustainability alongside profitability and balance-sheet strength. Use the related peers section to benchmark dividend yield and payout characteristics.

Can Virtus Equity & Convertible Income Fund maintain its dividend during market downturns?

Analyzing Virtus Equity & Convertible Income Fund's liquidity, cash flow, and debt levels provides insight into whether it can sustain dividend payments during economic volatility. Stocks with strong financial health are more likely to maintain consistent dividends even when markets fluctuate. Pair dividend metrics with the FY payout ratio and the multi-year history tables for context.

Should I consider Virtus Equity & Convertible Income Fund dividends as part of my long-term investment strategy?

Investors often include Virtus Equity & Convertible Income Fund dividends in a long-term portfolio to generate passive income. Assessing dividend yield, payout ratio, growth history, and financial stability helps determine whether the company fits an income-focused or total-return investment strategy. Review the dividend summary and payout history tables to validate consistency over time.