Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) Declares $0.30 Quarterly Dividend

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) declared a quarterly dividend on Wednesday, September 2nd. Investors of record on Monday, September 14th will be given a dividend of 0.305 per share by the investment management company on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Monday, September 14th.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

Shares of NYSE:NFJ opened at $15.53 on Thursday. The firm has a 50 day simple moving average of $15.32 and a 200 day simple moving average of $14.38. Virtus Dividend, Interest & Premium Strategy Fund has a one year low of $12.25 and a one year high of $15.75.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

The Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) is a diversified closed-end management investment company that seeks to deliver current income and total return through a combination of equity securities, fixed-income instruments and an equity option‐writing strategy. The fund allocates its assets among U.S.-listed common stocks, preferred stocks, convertible securities and corporate bonds, while employing covered call and put option overlays to generate additional premium income and enhance yield.

Launched in February 2011, NFJ is managed by the investment professionals at Virtus Investment Advisers, LLC, who focus on identifying dividend-paying companies with strong fundamentals and attractive valuations.