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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Shareholders of record on Thursday, June 12th will be given a dividend of 0.15 per share on Friday, June 27th. This represents a $1.80 annualized dividend and a yield of 8.45%. The ex-dividend date is Thursday, June 12th.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

Shares of AIO traded up $0.33 during mid-day trading on Wednesday, reaching $21.31. The company’s stock had a trading volume of 30,591 shares, compared to its average volume of 102,409. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1 year low of $18.70 and a 1 year high of $25.69. The business has a fifty day moving average of $24.22 and a 200 day moving average of $23.29.

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.