Virtus Total Return Fund Inc. Plans Monthly Dividend of $0.05 (NYSE:ZTR)

Key Points

• Virtus Total Return Fund Inc. has declared a $0.05 monthly dividend, with an annualized yield of 9.4%, scheduled for payment on September 29th to stockholders of record as of September 12th.
• The company's shares recently traded at $6.36, with a twelve-month trading range between $5.22 and $6.38.
• Around 47.14% of Virtus Total Return Fund's stock is owned by institutional investors and hedge funds, indicating significant interest from large investment entities.

Virtus Total Return Fund Inc. (NYSE:ZTR - Get Free Report) announced a monthly dividend on Wednesday, August 27th. Stockholders of record on Friday, September 12th will be paid a dividend of 0.05 per share by the investment management company on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date is Friday, September 12th.

Virtus Total Return Fund Stock Performance

Shares of ZTR stock traded down $0.10 during mid-day trading on Tuesday, reaching $6.29. 272,744 shares of the stock traded hands, compared to its average volume of 240,671. The stock's fifty day simple moving average is $6.23 and its two-hundred day simple moving average is $6.04. Virtus Total Return Fund has a 1-year low of $5.22 and a 1-year high of $6.40.

Virtus Total Return 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.