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

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTR) announced a monthly dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.05 per share by the investment management company on Friday, March 28th. This represents a $0.60 dividend on an annualized basis and a yield of 9.90%. The ex-dividend date of this dividend is Thursday, March 13th.

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 Stock Performance

Shares of ZTR stock opened at $6.06 on Friday. Virtus Global Dividend & Income Fund has a fifty-two week low of $5.14 and a fifty-two week high of $6.21. The business has a fifty day simple moving average of $6.03 and a 200-day simple moving average of $5.75.

Virtus Global Dividend & Income Fund Company Profile

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.