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 Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Thursday, February 13th will be given a dividend of 0.15 per share on Thursday, February 27th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend is Thursday, February 13th.

Virtus Artificial Intelligence & Technology Opportunities Fund has decreased its dividend by an average of 9.8% annually over the last three years.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Performance

NYSE:AIO opened at $23.58 on Friday. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $16.70 and a 52 week high of $23.94. The stock’s 50-day moving average price is $22.33 and its 200-day moving average price is $21.34.

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.