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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Thursday, June 6th, NASDAQ reports. Investors of record on Thursday, July 11th will be paid a dividend of 0.15 per share on Tuesday, July 30th. This represents a $1.80 dividend on an annualized basis and a yield of 8.20%. The ex-dividend date is Thursday, July 11th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

Shares of NYSE:AIO opened at $21.94 on Wednesday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $15.09 and a 12-month high of $22.00. The firm has a fifty day moving average of $20.47 and a two-hundred day moving average of $19.54.

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.