DIVIDEND ANNOUNCEMENT: Virtus Equity & Convertible Income Fund (NYSE:NIE) on 01/12/2023 declared a dividend of $0.5000 per share

Virtus Equity & Convertible Income Fund (NYSE:NIE) on 01/12/2023 declared a dividend of $ 0.5000 per share payable on March 24, 2023 to shareholders of record as of March 13, 2023. Dividend amount recorded is a decrease of $ 1.4765 from last dividend Paid.

Virtus Equity & Convertible Income Fund (NYSE:NIE) has paid dividends since 2007, has a current dividend yield of 10.0351228714% and has increased its dividends for 0 successive years.

The stock price closed yesterday at $ 19.93 and has a 52 week low/high of $ 18.02 and $ 29.85.

Virtus Equity & Convertible Income Fund is registered as a closed-end management investment company. The Fund's investment objective is to seek total return comprised of capital appreciation, current income and gains. Under normal market conditions the Fund pursues its objective by investing in a diversified portfolio of equity securities and income-producing convertible securities.

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