AllianzGI Equity & Convertible Income FD (NYSE:NIE) declared a quarterly dividend on Friday, September 6th, NASDAQ reports. Stockholders of record on Monday, September 16th will be given a dividend of 0.38 per share on Friday, September 27th. This represents a $1.52 annualized dividend and a dividend yield of 6.90%. The ex-dividend date is Friday, September 13th.
Shares of NIE stock traded up $0.18 on Wednesday, hitting $22.03. The stock had a trading volume of 49,531 shares, compared to its average volume of 74,485. AllianzGI Equity & Convertible Income FD has a 1 year low of $17.14 and a 1 year high of $23.96. The company’s 50 day moving average price is $21.70 and its 200-day moving average price is $21.51.
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.
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