Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR – Get Free Report) announced a monthly dividend on Friday, November 22nd,Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.05 per share by the investment management company on Friday, March 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.90%. The ex-dividend date is Thursday, March 13th.
Virtus Global Dividend & Income Fund has decreased its dividend payment by an average of 9.3% per year over the last three years.
Virtus Global Dividend & Income Fund Stock Up 0.6 %
Shares of NYSE:ZTR opened at $6.06 on Friday. Virtus Global Dividend & Income Fund has a twelve month low of $5.14 and a twelve month high of $6.21. The company has a 50 day moving average of $6.03 and a 200-day moving average of $5.75.
About Virtus Global Dividend & Income Fund
Virtus Global Dividend & Income Fund Inc is a closed-ended balanced mutual fund launched by Virtus Investment Partners, Inc The fund is co-managed by Virtus Investment Advisers, Inc, Kayne Anderson Rudnick Investment Management LLC and Newfleet Asset Management, LLC. It invests in the public equity and fixed income markets of the United States.
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