Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) to Issue $0.31 Quarterly Dividend

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) announced a quarterly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.305 per share by the investment management company on Monday, December 30th. This represents a $1.22 annualized dividend and a yield of 9.39%. The ex-dividend date of this dividend is Thursday, December 12th.

Virtus Dividend, Interest & Premium Strategy Fund has increased its dividend payment by an average of 13.2% per year over the last three years.

Virtus Dividend, Interest & Premium Strategy Fund Stock Performance

Shares of Virtus Dividend, Interest & Premium Strategy Fund stock traded up $0.13 on Thursday, hitting $12.99. 315,856 shares of the company’s stock traded hands, compared to its average volume of 204,788. Virtus Dividend, Interest & Premium Strategy Fund has a 52-week low of $11.44 and a 52-week high of $13.17. The firm’s 50-day moving average is $12.85 and its 200 day moving average is $12.59.

About Virtus Dividend, Interest & Premium Strategy Fund

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.