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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Monday, March 10th, 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 dividend on an annualized basis and a yield of 8.52%. The ex-dividend date of this dividend is Thursday, June 12th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Performance

NYSE AIO traded down $1.20 during trading on Monday, hitting $21.13. 187,824 shares of the company’s stock traded hands, compared to its average volume of 97,806. The stock has a fifty day moving average of $24.37 and a two-hundred day moving average of $23.29. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $18.70 and a 12-month high of $25.69.

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.