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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, March 4th. Stockholders of record on Monday, May 11th will be given a dividend of 0.15 per share on Thursday, May 28th. This represents a c) annualized dividend and a dividend yield of 7.9%. The ex-dividend date of this dividend is Monday, May 11th.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

NYSE AIO opened at $22.89 on Thursday. The company’s 50 day moving average is $22.73 and its 200-day moving average is $23.37. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $16.18 and a 12-month high of $25.47.

Virtus Artificial Intelligence & Technology Opportunities Fund Company Profile

The Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE: AIO) is a non-diversified, closed-end management investment company designed to provide shareholders with exposure to companies that derive a significant portion of their revenues from the development or use of artificial intelligence and related technologies. The Fund seeks to achieve long-term capital appreciation by identifying businesses that are positioned to benefit from ongoing advancements in AI, machine learning, robotics, data analytics, cloud computing, and semiconductor manufacturing.

Investment selections are made through a fundamental research process that emphasizes both thematic expertise and company-specific analysis.