GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » 3-Year Dividend Growth Rate

Virtus Artificial Intelligence & Technology Opportunities Fund 3-Year Dividend Growth Rate : 10.10% (As of Jan. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Virtus Artificial Intelligence & Technology Opportunities Fund 3-Year Dividend Growth Rate?

Virtus Artificial Intelligence & Technology Opportunities Fund's Dividends per Share for the six months ended in Jan. 2024 was $0.90.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

AIO' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 10.1   Med: 43.5   Max: 76.9
Current: 10.1

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Artificial Intelligence & Technology Opportunities Fund was 76.90% per year. The lowest was 10.10% per year. And the median was 43.50% per year.

AIO's 3-Year Dividend Growth Rate is ranked better than
75.64% of 866 companies
in the Asset Management industry
Industry Median: 1.8 vs AIO: 10.10

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio for the six months ended in Jan. 2024 was 0.64. As of today, Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Yield % is 9.05%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Artificial Intelligence & Technology Opportunities Fund is 0.72, which seems too high.

Warning Sign:

Virtus Artificial Intelligence & Technology Opportunities Fund stock dividend yield is close to 1-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's 3-Year Dividend Growth Rate falls into.



Virtus Artificial Intelligence & Technology Opportunities Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Virtus Artificial Intelligence & Technology Opportunities Fund  (NYSE:AIO) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jan. 2024 )/ EPS without NRI (Q: Jan. 2024 )
=0.9/ 1.399
=0.64

During the past 5 years, the highest Dividend Payout Ratio of Virtus Artificial Intelligence & Technology Opportunities Fund was 1.48. The lowest was 0.11. And the median was 0.72.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Virtus Artificial Intelligence & Technology Opportunities Fund is 0.72, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Virtus Artificial Intelligence & Technology Opportunities Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1500002024-05-102024-05-132024-05-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002024-04-102024-04-112024-04-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002024-03-082024-03-112024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002024-02-092024-02-122024-02-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002024-01-112024-01-122024-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-12-082023-12-112024-01-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-11-102023-11-132023-12-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-10-112023-10-122023-11-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-09-082023-09-112023-10-02Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-08-102023-08-112023-09-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-07-122023-07-132023-08-01Cash DividendmonthlyUSD:USD 1.000000
USD 0.1500002023-06-092023-06-122023-07-03Cash DividendmonthlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.8/19.90
=9.05 %

Current Share Price is $19.90.
Virtus Artificial Intelligence & Technology Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.8.

During the past 5 years, the highest Dividend Yield of Virtus Artificial Intelligence & Technology Opportunities Fund was 11.90%. The lowest was 1.10%. And the median was 6.61%.

Warning Sign:

Virtus Artificial Intelligence & Technology Opportunities Fund stock dividend yield is close to 1-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Virtus Artificial Intelligence & Technology Opportunities Fund 3-Year Dividend Growth Rate Related Terms>


Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
AllianzGI Artificial Intelligence & Technology Opportunities Fund is a newly organized, diversified, limited term closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.
Executives
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Paul Zemsky other: CIO-Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: CIO-Subadviser to the issuer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christine Hurtsellers other: CEO - Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
David J. Oberto officer: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan director 1633 BROADWAY, NEW YORK NY 10019
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod director 250 E KILBOURN AVE, MILWAUKEE WI 53202

Virtus Artificial Intelligence & Technology Opportunities Fund Headlines

From GuruFocus