Zweig Fund, Inc. (The) (ZF) to Issue Quarterly Dividend of $0.36
Zweig Fund, Inc. (The) (NYSE:ZF) declared a quarterly dividend on Wednesday, September 13th, Zacks reports. Investors of record on Thursday, October 12th will be given a dividend of 0.361 per share by the closed-end fund on Thursday, October 19th. This represents a $1.44 dividend on an annualized basis and a yield of 11.21%. The ex-dividend date of this dividend is Wednesday, October 11th.
Zweig Fund, Inc. (The) has raised its dividend by an average of 2.1% annually over the last three years.
Zweig Fund, Inc. (NYSE:ZF) opened at 12.90 on Thursday. The firm’s 50-day moving average price is $12.60 and its 200-day moving average price is $11.95. Zweig Fund, Inc. has a 12 month low of $10.60 and a 12 month high of $12.99.
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About Zweig Fund, Inc. (The)
Virtus Total Return Fund Inc (the Fund), formerly The Zweig Fund, Inc, is a closed-end, diversified management investment company. The Fund’s investment objective is capital appreciation, with income as a secondary objective. The Fund has a target allocation of investing approximately 60% of its total assets in equity securities and 40% fixed income.
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