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) declared a monthly dividend on Wednesday, November 20th,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 annualized dividend and a yield of 7.05%. The ex-dividend date is Thursday, February 13th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Trading Up 0.6 %

Shares of AIO opened at $25.54 on Tuesday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $18.67 and a 1-year high of $25.67. The company has a 50-day moving average of $24.52 and a 200 day moving average of $22.80.

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.