Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) to Issue Monthly Dividend of $0.21

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) announced a monthly dividend on Wednesday, September 23rd. Shareholders of record on Tuesday, October 13th will be given a dividend of 0.21 per share on Thursday, October 29th. This represents a c) annualized dividend and a yield of 10.2%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 16.7% increase from Virtus Artificial Intelligence & Technology Opportunities Fund’s previous monthly dividend of $0.18.

Virtus Artificial Intelligence & Technology Opportunities Fund Stock Performance

Virtus Artificial Intelligence & Technology Opportunities Fund stock traded down $0.15 during midday trading on Thursday, reaching $24.80. 15,157 shares of the stock were exchanged, compared to its average volume of 87,770. Virtus Artificial Intelligence & Technology Opportunities Fund has a 52 week low of $20.91 and a 52 week high of $28.60. The company’s fifty day moving average is $25.71 and its 200-day moving average is $25.24.

About Virtus Artificial Intelligence & Technology Opportunities Fund

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.