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

Virtus Global Dividend & Income Fund Inc. (NYSE:ZTRGet Free Report) announced a monthly dividend on Thursday, June 6th, NASDAQ reports. Investors 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 11.01%. 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% per year over the last three years.

Virtus Global Dividend & Income Fund Price Performance

Shares of NYSE:ZTR opened at $5.45 on Wednesday. The stock’s 50-day simple moving average is $5.42 and its two-hundred day simple moving average is $5.39. Virtus Global Dividend & Income Fund has a 52-week low of $4.50 and a 52-week high of $6.27.

Insider Buying and Selling

In other Virtus Global Dividend & Income Fund news, CFO William Patrick Bradley III bought 5,000 shares of Virtus Global Dividend & Income Fund stock in a transaction on Monday, May 20th. The stock was acquired at an average cost of $5.47 per share, with a total value of $27,350.00. Following the completion of the acquisition, the chief financial officer now owns 9,043 shares in the company, valued at $49,465.21. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 5.65% of the stock is currently owned by insiders.

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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