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 Tuesday, March 11th, Wall Street Journal reports. Investors of record on Thursday, June 12th will be given a dividend of 0.15 per share on Friday, June 27th. This represents a $1.80 annualized dividend and a yield of 8.52%. The ex-dividend date is Thursday, June 12th.

Virtus Artificial Intelligence & Technology Opportunities Fund has decreased its dividend payment by an average of 28.6% per year over the last three years.

Virtus Artificial Intelligence & Technology Opportunities Fund Trading Down 5.4 %

Shares of AIO opened at $21.13 on Tuesday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1 year low of $18.70 and a 1 year high of $25.69. The stock has a 50-day simple moving average of $24.29 and a 200-day simple moving average of $23.29.

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.