Virtus Global Dividend & Income Fund Inc. Plans Monthly Dividend of $0.05 (NYSE:ZTR)

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Friday, November 22nd,Wall Street Journal reports. Investors of record on Thursday, March 13th will be paid a dividend of 0.05 per share by the investment management company on Friday, March 28th. This represents a $0.60 dividend on an annualized basis and a yield of 9.90%. The ex-dividend date of this dividend is Thursday, March 13th.

Virtus Global Dividend & Income Fund has decreased its dividend payment by an average of 9.3% annually over the last three years.

Virtus Global Dividend & Income Fund Trading Up 0.6 %

Shares of Virtus Global Dividend & Income Fund stock opened at $6.06 on Friday. The firm has a 50-day simple moving average of $6.03 and a two-hundred day simple moving average of $5.75. Virtus Global Dividend & Income Fund has a fifty-two week low of $5.14 and a fifty-two week high of $6.21.

About Virtus Global Dividend & Income Fund

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.