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Virtus Total Return Fund raises dividend by 10% to $0.055

Created at 4 Jun · 5:06 AM3 sources3 events
IN SHORT

Virtus Total Return Fund has increased its dividend by 10%, setting the new payout rate at $0.055 per share. This adjustment aims to boost shareholder returns.

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Key Numbers

$0.055new dividend per share
10%dividend increase

Who's Involved

Virtus Total Return Fund
announced dividend increase

↳ Why This Matters

Dividend increases can signal a fund's financial health and commitment to returning value to shareholders, potentially attracting new investors.

Key facts

  • Virtus Total Return Fund increased its dividend by 10%.
  • The new dividend rate is $0.055 per share.
  • The increase is intended to boost shareholder returns.

The Virtus Total Return Fund has announced a 10% increase in its dividend, raising the payout to $0.055 per share. This adjustment is intended to enhance shareholder returns.

Frequently asked questions

The new dividend amount is $0.055 per share.

The dividend increased by 10%.

The stated reason is to enhance shareholder returns.

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How It Developed

4 Jun · 12:48 PM
Virtus Total Return Fund, not BNY Mellon, increased its dividend by 10% to $0.055 per share.
Seeking Alpha via PiQSuite
3 Jun · 12:43 PM
The article restates the new dividend amount of $0.050 per share for the BNY Mellon Municipal Bond Infrastructure Fund.
Seeking Alpha via PiQSuite
3 Jun · 12:43 PM
BNY Mellon Municipal Bond Infrastructure Fund raised its dividend by 19% to $0.050.
Seeking Alpha via PiQSuite

Sources

T1
BNY Mellon Municipal Bond Infrastructure Fund raises dividend by 19% to $0.050m.piqsuite.com
T1
BNY Mellon Municipal Bond Infrastructure Fund declares 0.050 dividendm.piqsuite.com
T1
Virtus Total Return Fund raises dividend by 10% to $0.055m.piqsuite.com

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