SmarterDividends
NICH

Variant Alternative Income Fund LP

NICHX

Stock · quarterly payer

Forward Yield

10.83%

Annual Dividend

$2.81

Payout Ratio

5-Yr Growth

8.7%

Ex-Date

Frequency

Quarterly

NICHX Dividend Safety Score

47/ 100
Grade D

Risky

Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2026
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is NICHX a good dividend stock?

Mixed

Variant Alternative Income Fund LP (NICHX) pays a quarterly dividend yielding 10.83% ($2.81/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

  • Strong 8.7% 5-yr dividend growth

Risks

  • Cut its dividend in 2025
  • Very high yield can signal elevated risk
  • Share price is down over the past 5 years
  • Below-average dividend safety score

Key Data

Dividend Yield
10.83%
Payout Ratio
Annual Dividend
$2.81
5-Yr Avg Growth
8.7%
Ex-Dividend Date
Years of Growth
0
Frequency
quarterly
Beta
Market Cap
P/E Ratio
5-Yr Total Return
-5%
52-Week Range
Dividend Safety
D · 47/100
Ever Cut?
Yes (2025)
NICHX ex-dividend date & scheduleNext ex-date · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $2.81 / yr per share

Per payment (quarterly)$70.28
Annual$281.10
Monthly avg$23.43