The Zweig Fund, Inc. (NYSE:ZF) announced a quarterly dividend on Wednesday, September 25th, Zacks reports. Shareholders of record on Friday, October 11th will be paid 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 yield of 12.47%. The ex-dividend date of this dividend is Thursday, October 10th.
The Zweig Fund has increased its dividend by an average of 13.0% annually over the last three years.
Shares of NYSE ZF opened at $11.58 on Wednesday. The Zweig Fund has a twelve month low of $8.11 and a twelve month high of $11.64. The stock has a 50 day moving average of $10.99 and a two-hundred day moving average of $10.49.
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.
Recommended Story: What is the yield curve?
Receive News & Ratings for The Zweig Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Zweig Fund and related companies with MarketBeat.com's FREE daily email newsletter.