Virtus Global Dividend & Income Fund Inc. to Issue Monthly Dividend of $0.05 (NYSE:ZTR)

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Thursday, August 29th, NASDAQ reports. Shareholders of record on Friday, September 13th will be given a dividend of 0.05 per share by the investment management company on Thursday, September 26th. This represents a $0.60 dividend on an annualized basis and a yield of 9.98%. The ex-dividend date is Friday, September 13th.

Virtus Global Dividend & Income Fund has decreased its dividend payment by an average of 9.3% per year over the last three years.

Virtus Global Dividend & Income Fund Price Performance

Shares of Virtus Global Dividend & Income Fund stock opened at $6.01 on Thursday. The business has a 50-day simple moving average of $5.75 and a 200-day simple moving average of $5.53. Virtus Global Dividend & Income Fund has a one year low of $4.50 and a one year high of $6.05.

Virtus Global Dividend & Income Fund Company Profile

Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.