AllianzGI Equity & Convertible Income FD (NYSE:NIE) announced a quarterly dividend on Friday, September 6th, NASDAQ reports. Shareholders of record on Monday, September 16th will be paid a dividend of 0.38 per share on Friday, September 27th. This represents a $1.52 dividend on an annualized basis and a yield of 6.90%. The ex-dividend date is Friday, September 13th.

Shares of NYSE:NIE traded up $0.18 on Wednesday, hitting $22.03. 2,634 shares of the company were exchanged, compared to its average volume of 74,629. The company’s 50 day moving average price is $21.70 and its two-hundred day moving average price is $21.51. AllianzGI Equity & Convertible Income FD has a one year low of $17.14 and a one year high of $23.96.

About AllianzGI Equity & Convertible Income FD

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.

Featured Article: Is it better to buy a fund with a higher or lower NAV?

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

Receive News & Ratings for AllianzGI Equity & Convertible Income FD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AllianzGI Equity & Convertible Income FD and related companies with MarketBeat.com's FREE daily email newsletter.