Virtus Global Multi-Sector Income Fund (VGI) Announces $0.16 Monthly Dividend

Virtus Global Multi-Sector Income Fund (NYSE:VGI) declared a monthly dividend on Wednesday, November 15th, NASDAQ reports. Shareholders of record on Monday, February 12th will be paid a dividend of 0.156 per share on Tuesday, February 20th. This represents a $1.87 annualized dividend and a yield of 13.18%. The ex-dividend date is Friday, February 9th.

Virtus Global Multi-Sector Income Fund has increased its dividend payment by an average of 4.9% annually over the last three years.

Virtus Global Multi-Sector Income Fund (NYSE:VGI) opened at $14.20 on Monday. Virtus Global Multi-Sector Income Fund has a fifty-two week low of $13.76 and a fifty-two week high of $19.46.

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About Virtus Global Multi-Sector Income Fund

Virtus Global Multi-Sector Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objective by applying an approach and credit research to capitalize on opportunities across undervalued areas of the global bond market.

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