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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
55.32% of 949 companies
in the Asset Management industry
Industry Median: 0.81 vs AIO: 0.72

As of today (2024-05-12), the Dividend Yield % of Virtus Artificial Intelligence & Technology Opportunities Fund is 9.05%.

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 6.61%.

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

* 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 (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

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

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