Virtus Dividend, Interest & Premium Strategy Fund Announces Increase to Quarterly Distribution and Discloses Sources of Distribution – Section 19(a) Notice
Virtus Dividend, Interest & Premium Strategy Fund Common Shares of Beneficial Interest (NFJ)
US:NYSE Investor Relations:
us.allianzgi.com/en-us/ria/our-firm/our-experts/team-detail-pages/nfj-dividend-interest-and-premium-strategy-team
Company Research
Source: Business Wire
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Dividend, Interest & Premium Strategy Fund (NYSE: NFJ) today announced it will increase its quarterly distribution by 14% or $0.035 per share effective with the March distribution:TickerNew Distribution AmountEx-DateRecord DatePayable DateNFJ$0.280March 8, 2024March 11, 2024March 28, 2024The Fund’s quarterly distribution rate will increase from $0.245 per share to $0.280 per share. This is part of the Fund’s ongoing efforts to enhance shareholder value by both seeking to provide a more attractive distribution rate and furthering its efforts to reduce the current discount to net asset value at which its shares currently trade.This new distribution represents a per annum rate of approximately 9.1% based on the market price of the fund’s shares of $12.29 as of the close of the New York Stock Exchange on Thursday, February 29, 2024 and approximately 7.7% based on the fund’s net asset value (NAV) of $14.49 as of the same date.Under the terms of
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Sec Filings
- 4/12/24 - Form N-CEN
- 4/5/24 - Form N-CSR
- 3/21/24 - Form NPORT-P
- NFJ's page on the SEC website