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

Virtus Dividend, Interest & Premium Strategy Fund (NYSE:NFJ) announced a quarterly dividend on Wednesday, November 20th,NASDAQ Dividends reports. Stockholders of record on Thursday, December 12th will be paid a dividend of 0.305 per share by the investment management company on Monday, December 30th. This represents a $1.22 annualized dividend and a dividend yield of 9.39%. The ex-dividend date is Thursday, December 12th.

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

Virtus Dividend, Interest & Premium Strategy Fund Stock Up 1.0 %

NYSE:NFJ traded up $0.13 during trading hours on Thursday, hitting $12.99. The stock had a trading volume of 315,856 shares, compared to its average volume of 204,788. The company has a 50 day simple moving average of $12.85 and a two-hundred day simple 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.

About Virtus Dividend, Interest & Premium Strategy Fund

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.