Virtus Dividend, Interest & Premium Strategy Fund (NFJ) to Issue Quarterly Dividend of $0.31 on March 28th

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) declared a quarterly dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.305 per share by the investment management company on Friday, March 28th. This represents a $1.22 dividend on an annualized basis and a dividend yield of 9.41%. The ex-dividend date of this dividend is Thursday, March 13th.

Virtus Dividend, Interest & Premium Strategy Fund has raised its dividend payment by an average of 13.2% annually over the last three years.

Virtus Dividend, Interest & Premium Strategy Fund Stock Performance

Shares of Virtus Dividend, Interest & Premium Strategy Fund stock opened at $12.97 on Friday. Virtus Dividend, Interest & Premium Strategy Fund has a 1 year low of $11.44 and a 1 year high of $13.17. The company’s fifty day simple moving average is $12.85 and its 200-day simple moving average is $12.60.

About Virtus Dividend, Interest & Premium Strategy Fund

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.