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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Stockholders 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 dividend yield of 7.72%. The ex-dividend date of this dividend is Thursday, February 13th.

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 Up 2.0 %

Shares of NYSE AIO opened at $23.33 on Friday. The stock has a fifty day moving average price of $22.27 and a 200 day moving average price of $21.30. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $16.70 and a 1-year high of $23.94.

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.