Virtus Global Dividend & Income Fund Inc. to Issue Monthly Dividend of $0.05 (NYSE:ZTR)

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Thursday, August 29th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.05 per share by the investment management company on Thursday, September 26th. This represents a $0.60 annualized dividend and a dividend yield of 9.93%. The ex-dividend date is Friday, September 13th.

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 Trading Up 0.5 %

Shares of NYSE ZTR traded up $0.03 on Thursday, reaching $6.04. 244,882 shares of the company traded hands, compared to its average volume of 260,114. Virtus Global Dividend & Income Fund has a fifty-two week low of $4.50 and a fifty-two week high of $6.05. The company has a 50 day moving average of $5.76 and a 200 day moving average of $5.53.

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.