Virtus Total Return Fund Inc. (ZTR) to Issue Monthly Dividend of $0.08 on May 19th

Virtus Total Return Fund Inc. (NYSE:ZTRGet Rating) declared a monthly dividend on Monday, March 7th, Wall Street Journal reports. Investors of record on Thursday, May 12th will be given a dividend of 0.08 per share by the investment management company on Thursday, May 19th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 10.46%. The ex-dividend date is Wednesday, May 11th.

NYSE ZTR opened at $9.18 on Monday. Virtus Total Return Fund has a 12 month low of $8.17 and a 12 month high of $10.41. The company’s 50 day simple moving average is $9.46 and its 200 day simple moving average is $9.43.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC bought a new stake in Virtus Total Return Fund during the fourth quarter worth approximately $438,000. Stifel Financial Corp boosted its stake in Virtus Total Return Fund by 3.5% in the 4th quarter. Stifel Financial Corp now owns 76,075 shares of the investment management company’s stock worth $722,000 after purchasing an additional 2,554 shares during the period. LPL Financial LLC boosted its stake in Virtus Total Return Fund by 7.6% in the 4th quarter. LPL Financial LLC now owns 387,841 shares of the investment management company’s stock worth $3,681,000 after purchasing an additional 27,388 shares during the period. Royal Bank of Canada boosted its stake in Virtus Total Return Fund by 8.0% in the 3rd quarter. Royal Bank of Canada now owns 48,357 shares of the investment management company’s stock worth $450,000 after purchasing an additional 3,584 shares during the period. Finally, Morgan Stanley boosted its stake in Virtus Total Return Fund by 15.7% in the 2nd quarter. Morgan Stanley now owns 1,960,346 shares of the investment management company’s stock worth $19,015,000 after purchasing an additional 266,095 shares during the period. Institutional investors and hedge funds own 9.18% of the company’s stock.

Virtus Total Return Fund Company Profile (Get Rating)

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.

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Dividend History for Virtus Total Return Fund (NYSE:ZTR)

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