Virtus Dividend, Interest & Premium Strategy Fund (NFJ) to Issue Quarterly Dividend of $0.31 on March 30th

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) declared a quarterly dividend on Wednesday, March 4th. Investors of record on Monday, March 16th will be given a dividend of 0.305 per share by the investment management company on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date of this dividend is Monday, March 16th.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

NFJ opened at $13.20 on Friday. The business has a fifty day moving average price of $13.41 and a 200 day moving average price of $13.08. Virtus Dividend, Interest & Premium Strategy Fund has a 12 month low of $10.02 and a 12 month high of $13.92.

About Virtus Dividend, Interest & Premium Strategy Fund

The Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) is a diversified closed-end management investment company that seeks to deliver current income and total return through a combination of equity securities, fixed-income instruments and an equity option‐writing strategy. The fund allocates its assets among U.S.-listed common stocks, preferred stocks, convertible securities and corporate bonds, while employing covered call and put option overlays to generate additional premium income and enhance yield.

Launched in February 2011, NFJ is managed by the investment professionals at Virtus Investment Advisers, LLC, who focus on identifying dividend-paying companies with strong fundamentals and attractive valuations.