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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders 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 dividend yield of 7.14%. The ex-dividend date is Thursday, December 12th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

AIO opened at $25.20 on Tuesday. The company’s 50 day moving average is $22.96 and its 200 day moving average is $21.68. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $16.73 and a 12-month high of $25.65.

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.