Virtus Artificial Intelligence & Technology Opportunities Fund Plans Monthly Dividend of $0.18 (NYSE:AIO)

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, June 3rd. Shareholders of record on Thursday, August 13th will be given a dividend of 0.18 per share on Friday, August 28th. This represents a c) dividend on an annualized basis and a yield of 7.9%. The ex-dividend date of this dividend is Thursday, August 13th.

Virtus Artificial Intelligence & Technology Opportunities Fund Price Performance

NYSE AIO opened at $27.50 on Thursday. The stock’s fifty day moving average is $24.43 and its two-hundred day moving average is $23.28. Virtus Artificial Intelligence & Technology Opportunities Fund has a fifty-two week low of $20.91 and a fifty-two week high of $27.67.

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.