Virtus Artificial Intelligence & Technology Opportunities Fund Announces Monthly Dividend of $0.15 (NYSE:AIO)

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Thursday, August 29th, NASDAQ reports. Investors of record on Friday, September 13th will be given a dividend of 0.15 per share on Thursday, September 26th. This represents a $1.80 annualized dividend and a yield of 8.30%. The ex-dividend date is Friday, September 13th.

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 Trading Up 0.7 %

AIO stock opened at $21.68 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $15.09 and a 1-year high of $22.18. The business’s 50 day moving average is $21.19 and its 200-day moving average is $20.26.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

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.