Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO – Get Free Report) announced a monthly dividend on Monday, June 10th, Wall Street Journal reports. Stockholders of record on Monday, August 12th will be paid a dividend of 0.15 per share on Thursday, August 29th. This represents a $1.80 annualized dividend and a dividend yield of 8.64%. The ex-dividend date of this dividend is Monday, August 12th.
Virtus Artificial Intelligence & Technology Opportunities Fund has decreased its dividend payment by an average of 9.8% per year over the last three years.
Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance
Shares of Virtus Artificial Intelligence & Technology Opportunities Fund stock traded up $0.38 during midday trading on Friday, hitting $20.76. 56,412 shares of the company were exchanged, compared to its average volume of 123,499. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $15.09 and a 52 week high of $22.18. The firm has a 50 day simple moving average of $20.97 and a 200-day simple moving average of $20.03.
About Virtus Artificial Intelligence & Technology Opportunities Fund
The Fund seeks to generate a stable income stream and growth of capital by focusing on one of the most significant long-term secular growth opportunities in markets today. A multi-asset approach based on fundamental research is employed, dynamically allocating to attractive segments of a company’s debt and equity in order to offer an attractive risk/reward profile.
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