Virtus Global Dividend & Income Fund Inc. (ZTR) to Issue Monthly Dividend of $0.05 on November 27th

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Wednesday, September 4th, Wall Street Journal reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.05 per share by the investment management company on Wednesday, November 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.05%. The ex-dividend date is Tuesday, November 12th.

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

Virtus Global Dividend & Income Fund Price Performance

NYSE:ZTR opened at $5.97 on Friday. Virtus Global Dividend & Income Fund has a 12 month low of $4.50 and a 12 month high of $6.00. The business’s fifty day moving average price is $5.70 and its 200 day moving average price is $5.50.

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.