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

Key Points

• Virtus Total Return Fund Inc. announced a monthly dividend of $0.05 per share, with the payment date set for October 30th for shareholders on record as of October 14th.
• The fund's annualized yield is 9.4%, making it an attractive option for dividend-seeking investors.
• As of the latest trading session, the stock price is $6.36, with a 52-week range spanning from $5.22 to $6.38.

Virtus Total Return Fund Inc. (NYSE:ZTR - Get Free Report) declared a monthly dividend on Wednesday, August 27th. Shareholders of record on Tuesday, October 14th will be paid a dividend of 0.05 per share by the investment management company on Thursday, October 30th. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend is Tuesday, October 14th.

Virtus Total Return Fund Price Performance

NYSE:ZTR traded down $0.02 on Thursday, reaching $6.36. 171,119 shares of the company's stock were exchanged, compared to its average volume of 239,466. Virtus Total Return Fund has a 52 week low of $5.22 and a 52 week high of $6.38. The stock has a fifty day simple moving average of $6.21 and a 200-day simple moving average of $6.03.

About Virtus Total Return Fund

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.