Virtus Dividend, Interest & Premium Strategy Fund (NFJ) To Go Ex-Dividend on June 15th

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) announced a quarterly dividend on Wednesday, June 3rd. Stockholders of record on Monday, June 15th will be given a dividend of 0.305 per share by the investment management company on Monday, June 29th. This represents a c) annualized dividend and a dividend yield of 8.0%. The ex-dividend date is Monday, June 15th.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

Shares of NFJ opened at $15.19 on Friday. The company’s fifty day moving average price is $14.22 and its 200-day moving average price is $13.50. Virtus Dividend, Interest & Premium Strategy Fund has a 1-year low of $12.00 and a 1-year high of $15.24.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

The Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) is a diversified closed-end management investment company that seeks to deliver current income and total return through a combination of equity securities, fixed-income instruments and an equity option‐writing strategy. The fund allocates its assets among U.S.-listed common stocks, preferred stocks, convertible securities and corporate bonds, while employing covered call and put option overlays to generate additional premium income and enhance yield.

Launched in February 2011, NFJ is managed by the investment professionals at Virtus Investment Advisers, LLC, who focus on identifying dividend-paying companies with strong fundamentals and attractive valuations.