Virtus Total Return Fund Inc. (ZTR) to Issue Monthly Dividend of $0.08 on February 18th

Virtus Total Return Fund Inc. (NYSE:ZTR) declared a monthly dividend on Tuesday, November 23rd, Wall Street Journal reports. Stockholders of record on Friday, February 11th will be paid a dividend of 0.08 per share by the investment management company on Friday, February 18th. This represents a $0.96 annualized dividend and a dividend yield of 10.16%. The ex-dividend date is Thursday, February 10th.

Shares of ZTR opened at $9.45 on Thursday. Virtus Total Return Fund has a twelve month low of $8.37 and a twelve month high of $10.41. The firm has a 50 day moving average of $9.50 and a 200 day moving average of $9.71.

An institutional investor recently raised its position in Virtus Total Return Fund stock. Royal Bank of Canada lifted its holdings in Virtus Total Return Fund Inc. (NYSE:ZTR) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 48,357 shares of the investment management company’s stock after purchasing an additional 3,584 shares during the quarter. Royal Bank of Canada owned 0.10% of Virtus Total Return Fund worth $450,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 9.16% of the stock is currently owned by institutional investors.

About Virtus Total Return 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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Dividend History for Virtus Total Return Fund (NYSE:ZTR)

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