Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) Declares $0.05 Monthly Dividend

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRGet Free Report) declared a monthly dividend on Thursday, June 6th, NASDAQ reports. Stockholders of record on Thursday, July 11th will be given a dividend of 0.05 per share by the investment management company on Tuesday, July 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 11.01%. The ex-dividend date of this dividend is Thursday, July 11th.

Virtus Global Dividend & Income Fund has decreased its dividend payment by an average of 9.3% per year over the last three years.

Virtus Global Dividend & Income Fund Price Performance

Shares of NYSE:ZTR opened at $5.45 on Wednesday. Virtus Global Dividend & Income Fund has a 12 month low of $4.50 and a 12 month high of $6.27. The business’s 50 day simple moving average is $5.42 and its 200-day simple moving average is $5.39.

Insider Activity

In related news, CFO William Patrick Bradley III bought 5,000 shares of the stock in a transaction on Monday, May 20th. The shares were purchased at an average price of $5.47 per share, for a total transaction of $27,350.00. Following the acquisition, the chief financial officer now owns 9,043 shares in the company, valued at $49,465.21. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 5.65% of the company’s stock.

Virtus Global Dividend & Income Fund Company Profile

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Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.

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Dividend History for Virtus Global Dividend & Income Fund (NYSE:ZTR)

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