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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.15 per share on Monday, December 30th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 7.72%. The ex-dividend date of this dividend is Thursday, December 12th.

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 Up 2.0 %

NYSE:AIO traded up $0.45 during mid-day trading on Thursday, reaching $23.33. 72,382 shares of the company’s stock traded hands, compared to its average volume of 107,309. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $16.70 and a 12-month high of $23.94. The company has a 50 day moving average price of $22.23 and a 200-day moving average price of $21.29.

About Virtus Artificial Intelligence & Technology Opportunities Fund

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.