Vinci Partners Investments Ltd. Announces Quarterly Dividend of $0.15 (NASDAQ:VINP)

Vinci Partners Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be paid a dividend of 0.15 per share on Thursday, March 27th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.02%. The ex-dividend date is Thursday, March 13th.

Vinci Partners Investments has increased its dividend by an average of 15.0% per year over the last three years. Vinci Partners Investments has a payout ratio of 68.8% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Vinci Partners Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 88.9%.

Vinci Partners Investments Stock Performance

Shares of VINP stock traded up $0.18 on Friday, reaching $9.96. The stock had a trading volume of 153,057 shares, compared to its average volume of 74,835. Vinci Partners Investments has a 12 month low of $9.01 and a 12 month high of $11.85. The firm has a market capitalization of $535.64 million, a price-to-earnings ratio of 16.06 and a beta of 0.10. The firm’s 50-day moving average is $10.07 and its two-hundred day moving average is $10.23. The company has a quick ratio of 12.68, a current ratio of 12.68 and a debt-to-equity ratio of 0.51.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $13.00 price objective on shares of Vinci Partners Investments in a research report on Thursday, December 5th.

Vinci Partners Investments Company Profile

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.