Virtus Artificial Intelligence & Technology Opportunities Fund (AIO) to Issue Monthly Dividend of $0.18 on June 29th

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Wednesday, June 3rd. Stockholders of record on Monday, June 15th will be paid a dividend of 0.18 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date is Monday, June 15th. This is a 20.0% increase from Virtus Artificial Intelligence & Technology Opportunities Fund’s previous monthly dividend of $0.15.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Performance

Shares of Virtus Artificial Intelligence & Technology Opportunities Fund stock opened at $27.37 on Friday. The firm has a fifty day simple moving average of $24.55 and a 200-day simple moving average of $23.31. Virtus Artificial Intelligence & Technology Opportunities Fund has a 1-year low of $20.91 and a 1-year 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.