Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO – Get Free Report) announced a monthly dividend on Wednesday, June 3rd. Shareholders of record on Monday, June 15th will be given a dividend of 0.18 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend 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 Price Performance
NYSE AIO opened at $27.01 on Friday. The firm has a 50-day moving average price of $25.13 and a two-hundred day moving average price of $23.47. Virtus Artificial Intelligence & Technology Opportunities Fund has a 12-month low of $20.91 and a 12-month 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.
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