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

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRGet Free Report) declared a monthly dividend on Thursday, June 6th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be given a dividend of 0.05 per share by the investment management company on Tuesday, July 30th. This represents a $0.60 dividend on an annualized basis and a yield of 10.98%. The ex-dividend date of this dividend is Thursday, July 11th.

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 Stock Performance

Shares of Virtus Global Dividend & Income Fund stock opened at $5.47 on Tuesday. Virtus Global Dividend & Income Fund has a 52-week low of $4.50 and a 52-week high of $6.27. The company’s 50-day simple moving average is $5.41 and its 200-day simple moving average is $5.39.

Insider Transactions at Virtus Global Dividend & Income Fund

In other news, CFO William Patrick Bradley III purchased 5,000 shares of the company’s stock in a transaction dated Monday, May 20th. The shares were acquired at an average cost of $5.47 per share, for a total transaction of $27,350.00. Following the completion of the purchase, the chief financial officer now directly owns 9,043 shares in the company, valued at approximately $49,465.21. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 5.65% of the company’s stock.

About Virtus Global Dividend & Income Fund

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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 Global Dividend & Income Fund (NYSE:ZTR)

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