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 Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.15 per share on Monday, December 30th. This represents a $1.80 annualized dividend and a yield of 7.72%. The ex-dividend date of this dividend is Thursday, December 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 NYSE:AIO traded up $0.45 during trading on Thursday, reaching $23.33. 72,382 shares of the company were exchanged, compared to its average volume of 107,309. The business’s fifty day simple moving average is $22.23 and its 200-day simple moving average is $21.29. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $16.70 and a 12-month high of $23.94.

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.