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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Thursday, June 12th will be paid a dividend of 0.15 per share on Friday, June 27th. This represents a $1.80 annualized dividend and a dividend yield of 7.42%. The ex-dividend date of this dividend 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 and has increased its dividend annually for the last 1 consecutive years.

Virtus Artificial Intelligence & Technology Opportunities Fund Trading Up 0.3%

AIO stock opened at $24.26 on Tuesday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $16.18 and a 12-month high of $25.69. The company has a 50 day moving average of $21.29 and a two-hundred day moving average of $22.94.

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.