Virtus Global Dividend & Income Fund Inc. Declares Monthly Dividend of $0.11 (ZTR)
Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Wednesday, September 13th, Zacks reports. Shareholders of record on Thursday, October 12th will be given a dividend of 0.113 per share by the investment management company on Thursday, October 19th. This represents a $1.36 annualized dividend and a yield of 10.52%. The ex-dividend date is Wednesday, October 11th.
Virtus Global Dividend & Income Fund has raised its dividend by an average of 3.4% annually over the last three years.
Virtus Global Dividend & Income Fund (ZTR) traded up 0.039% during midday trading on Thursday, reaching $12.895. 9,068 shares of the company’s stock traded hands. The firm’s 50-day moving average is $13.07 and its 200 day moving average is $12.44. Virtus Global Dividend & Income Fund has a 52-week low of $11.00 and a 52-week high of $13.41.
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Virtus Global Dividend & Income Fund Company Profile
Virtus Global Dividend & Income Fund Inc (the Fund), formerly The Zweig Total Return Fund, Inc, is a closed-end, diversified management investment company. The Fund’s investment objective is to seek total return, consisting of capital appreciation and income. It is invested in a balance of approximately 60% equity and 40% fixed income investments.
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