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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Thursday, August 29th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be paid a dividend of 0.15 per share on Thursday, September 26th. This represents a $1.80 annualized dividend and a dividend yield of 8.60%. The ex-dividend date is Friday, September 13th.

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 Price Performance

Shares of Virtus Artificial Intelligence & Technology Opportunities Fund stock traded up $0.06 during mid-day trading on Thursday, hitting $20.92. 61,247 shares of the stock were exchanged, compared to its average volume of 117,260. The company has a 50-day simple moving average of $21.10 and a 200 day simple moving average of $20.37. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12 month low of $15.09 and a 12 month high of $22.18.

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.