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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Monday, June 10th, Wall Street Journal reports. Stockholders of record on Monday, August 12th will be given a dividend of 0.15 per share on Thursday, August 29th. This represents a $1.80 annualized dividend and a dividend yield of 8.67%. The ex-dividend date is Monday, August 12th.

Virtus Artificial Intelligence & Technology Opportunities Fund has decreased its dividend payment by an average of 9.8% annually over the last three years.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Performance

Shares of AIO stock opened at $20.76 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $15.09 and a 52 week high of $22.18. The company’s 50 day moving average price is $20.97 and its two-hundred day moving average price is $20.04.

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.