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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Friday, November 22nd,Wall Street Journal reports. Shareholders of record on Thursday, February 13th will be given a dividend of 0.15 per share on Thursday, February 27th. This represents a $1.80 annualized dividend and a yield of 7.72%. The ex-dividend date is Thursday, February 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 Price Performance

NYSE:AIO opened at $23.33 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52-week low of $16.70 and a 52-week high of $23.94. The stock has a 50-day simple moving average of $22.27 and a two-hundred day simple moving average of $21.30.

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.