Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) to Issue Monthly Dividend of $0.15 on February 27th

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 7.63%. The ex-dividend date is Thursday, February 13th.

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 Trading Up 1.0 %

NYSE AIO opened at $23.58 on Friday. The company has a fifty day moving average price of $22.33 and a 200-day moving average price of $21.33. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1 year low of $16.70 and a 1 year 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.