Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO Get Free Report) declared a monthly dividend on Tuesday, June 11th, Wall Street Journal reports. Shareholders of record on Monday, August 12th will be given a dividend of 0.15 per share on Thursday, August 29th. This represents a $1.80 annualized dividend and a yield of 8.67%. The ex-dividend date is Monday, August 12th.
Virtus Artificial Intelligence & Technology Opportunities Fund has decreased its dividend payment by an average of 9.8% annually over the last three years.
Virtus Artificial Intelligence & Technology Opportunities Fund stock opened at $20.76 on Thursday. The companys 50-day moving average price is $19.76 and its two-hundred day moving average price is $18.98. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $15.09 and a 52 week high of $20.92.
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 companys debt and equity in order to offer an attractive risk/reward profile.
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