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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) declared a monthly dividend on Wednesday, June 3rd. Investors of record on Monday, June 15th will be paid a dividend of 0.18 per share on Monday, June 29th. This represents a c) annualized dividend and a yield of 7.9%. 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 Stock Up 0.4%

Shares of AIO stock opened at $27.50 on Thursday. The stock has a 50-day simple moving average of $24.43 and a 200 day simple moving average of $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.