NEW YORK, April 2, 2012 /PRNewswire/ -- The Zweig Total Return Fund, Inc. (NYSE: ZTR) announced a monthly distribution of $0.021 per share, payable on April 19, 2012, to shareholders of record on April 12, 2012 (ex-date April 10, 2012). The distribution represents a cash yield of 7 percent on an annualized basis. As previously announced, this revised distribution rate is a result of a recent comprehensive assessment of the fund and its competitive positioning in the market. Distributions may represent earnings from net investment income, capital gains, excess gains taxable as ordinary income or, if necessary, return of capital. Any portion of the fund's distributions that is a return of capital does not necessarily reflect the fund's investment performance and should not be confused with "yield" or "income." The tax status of the Fund's distributions is determined at the end of the taxable year. The Zweig closed-end funds are advised by Zweig Advisers LLC. For more information on the Fund, please contact shareholder services at 800.272.2700, by email at email@example.com, or visit us on the web at www.virtus.com. SOURCE The Zweig Total Return Fund, Inc.
Looking at the universe of stocks we cover at Dividend Channel, on 2/10/15, Zweig Total Return Fund will trade ex-dividend, for its monthly dividend of $0.088, payable on 2/20/15. As a percentage of ZTR's recent stock price of $13.98, this dividend works out to approximately 0.63%, so look for shares of Zweig Total Return Fund to trade 0.63% lower — all else being equal — when ZTR shares open for trading on 2/10/15.
Looking at the universe of stocks we cover at Dividend Channel, on 12/9/14, Zweig Total Return Fund will trade ex-dividend, for its monthly dividend of $0.091, payable on 12/18/14. As a percentage of ZTR's recent stock price of $14.08, this dividend works out to approximately 0.65%, so look for shares of Zweig Total Return Fund to trade 0.65% lower — all else being equal — when ZTR shares open for trading on 12/9/14.