Virtus Newfleet Dynamic Credit (BLHY) to Issue Monthly Dividend of $0.07

Virtus Newfleet Dynamic Credit (NYSEARCA:BLHY) declared a monthly dividend on Monday, January 22nd, Wall Street Journal reports. Shareholders of record on Tuesday, January 23rd will be given a dividend of 0.0713 per share on Tuesday, January 30th. This represents a $0.86 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date is Monday, January 22nd.

Shares of Virtus Newfleet Dynamic Credit (NYSEARCA:BLHY) traded down $0.09 during trading hours on Monday, hitting $24.99. 11,200 shares of the company were exchanged, compared to its average volume of 12,823. Virtus Newfleet Dynamic Credit has a 1-year low of $24.53 and a 1-year high of $25.51.

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