Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio : 0.64 (As of Jan. 2024)

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What is Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio?

Virtus Artificial Intelligence & Technology Opportunities Fund's dividend payout ratio for the months ended in Jan. 2024 was 0.64.

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.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio or its related term are showing as below:

AIO' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.72 Max: 1.48
Current: 0.72

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.

AIO's Dividend Payout Ratio is ranked better than
54.9% of 949 companies
in the Asset Management industry
Industry Median: 0.8 vs AIO: 0.72

As of today (2024-05-26), the Dividend Yield % of Virtus Artificial Intelligence & Technology Opportunities Fund is 9.02%.

During the past 5 years, the highest Trailing Annual Dividend Yield of Virtus Artificial Intelligence & Technology Opportunities Fund was 11.90%. The lowest was 1.10%. And the median was 6.64%.

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

During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.

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.

The growth rate is calculated with least square regression.

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

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

Dividend Payout Ratio

1.48

0.11

0.72

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial			0.48	-	2.05	0.83	0.64

Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio falls into.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio Calculation

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 fiscal year that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jan. 2024 )	/	EPS without NRI (A: Jan. 2024 )
	=	1.8	/	2.49
	=	0.72

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

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Virtus Artificial Intelligence & Technology Opportunities Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Virtus Artificial Intelligence & Technology Opportunities Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.allianzinvestors.com

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