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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Thursday, August 29th, NASDAQ reports. Shareholders 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 8.63%. The ex-dividend date of this dividend is Friday, September 13th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Trading Up 0.5 %

AIO opened at $20.86 on Thursday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12 month low of $15.09 and a 12 month high of $22.18. The business’s 50-day moving average price is $21.12 and its 200-day moving average price is $20.37.

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.