Virtus Dividend, Interest & Premium Strategy Fund Plans Quarterly Dividend of $0.31 (NYSE:NFJ)

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) declared a quarterly dividend on Thursday, November 21st,Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.305 per share by the investment management company on Friday, March 28th. This represents a $1.22 dividend on an annualized basis and a yield of 9.43%. The ex-dividend date of this dividend is Thursday, March 13th.

Virtus Dividend, Interest & Premium Strategy Fund has increased its dividend by an average of 13.2% annually over the last three years.

Virtus Dividend, Interest & Premium Strategy Fund Price Performance

NYSE NFJ traded up $0.08 during trading on Thursday, reaching $12.94. The company’s stock had a trading volume of 293,271 shares, compared to its average volume of 204,688. The firm has a fifty day moving average of $12.85 and a 200 day moving average of $12.59. Virtus Dividend, Interest & Premium Strategy Fund has a one year low of $11.44 and a one year high of $13.17.

Virtus Dividend, Interest & Premium Strategy Fund Company Profile

AllianzGI NFJ Dividend, Interest & Premium Strategy Fund is a closed ended equity mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S. LLC and NFJ Investment Group LLC. It invests in public equity markets of the United States.