Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) to Issue Quarterly Dividend of $0.31
by Tristan Rich · The Markets DailyVirtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ – Get Free Report) announced a quarterly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders 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 dividend yield of 9.39%. The ex-dividend date is Thursday, December 12th.
Virtus Dividend, Interest & Premium Strategy Fund has raised its dividend by an average of 13.2% per year over the last three years.
Virtus Dividend, Interest & Premium Strategy Fund Stock Performance
Shares of NYSE:NFJ traded up $0.13 during midday trading on Thursday, hitting $12.99. 315,856 shares of the company’s stock traded hands, compared to its average volume of 204,788. The firm’s fifty day moving average price is $12.85 and its two-hundred day moving average price is $12.59. Virtus Dividend, Interest & Premium Strategy Fund has a twelve month low of $11.44 and a twelve month high of $13.17.
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.
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