The Zweig Fund, Inc. (NYSE:ZF) declared a quarterly dividend on Wednesday, September 25th, Zacks reports. Stockholders of record on Friday, October 11th will be given a dividend of 0.361 per share by the closed-end fund on Friday, October 18th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 12.47%. The ex-dividend date is Thursday, October 10th.

The Zweig Fund has raised its dividend by an average of 13.0% per year over the last three years.

The Zweig Fund stock opened at $11.58 on Wednesday. The stock’s 50-day moving average is $10.99 and its 200-day moving average is $10.49. The Zweig Fund has a 12 month low of $8.11 and a 12 month high of $11.64.

About The Zweig Fund

Virtus Total Return Fund Inc is a closed ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Newfleet Asset Management LLC, and Duff & Phelps Investment Management Co It invests in the public equity and fixed income markets across the globe.

Further Reading: Blue-Chip Stocks

Dividend History for The Zweig Fund (NYSE:ZF)

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