Virtus Global Dividend & Income Fund Inc. (ZTR) to Issue Monthly Dividend of $0.05 on July 30th

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRGet Free Report) declared a monthly dividend on Thursday, June 6th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.05 per share by the investment management company on Tuesday, July 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.98%. The ex-dividend date is Thursday, July 11th.

Virtus Global Dividend & Income Fund has decreased its dividend by an average of 9.3% annually over the last three years.

Virtus Global Dividend & Income Fund Price Performance

Shares of Virtus Global Dividend & Income Fund stock opened at $5.47 on Tuesday. The business has a 50 day simple moving average of $5.41 and a two-hundred day simple moving average of $5.39. Virtus Global Dividend & Income Fund has a 12 month low of $4.50 and a 12 month high of $6.27.

Insider Activity at Virtus Global Dividend & Income Fund

In related news, CFO William Patrick Bradley III purchased 5,000 shares of the business’s stock in a transaction that occurred on Monday, May 20th. The stock was purchased at an average price of $5.47 per share, with a total value of $27,350.00. Following the completion of the acquisition, the chief financial officer now owns 9,043 shares in the company, valued at $49,465.21. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 5.65% of the company’s stock.

Virtus Global Dividend & Income Fund Company Profile

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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.

See Also

Dividend History for Virtus Global Dividend & Income Fund (NYSE:ZTR)

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