Virtus Investment Partners, Inc. Announces Quarterly Dividend of $2.40 (NASDAQ:VRTS)

Virtus Investment Partners, Inc. (NASDAQ:VRTS) announced a quarterly dividend on Thursday, May 21st. Shareholders of record on Friday, July 31st will be given a dividend of 2.40 per share by the closed-end fund on Friday, August 14th. This represents a c) annualized dividend and a yield of 6.8%. The ex-dividend date of this dividend is Friday, July 31st.

Virtus Investment Partners has raised its dividend by an average of 0.3%per year over the last three years.

Virtus Investment Partners Stock Up 2.6%

VRTS stock opened at $141.58 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 11.86 and a quick ratio of 11.86. Virtus Investment Partners has a 1-year low of $121.61 and a 1-year high of $215.06. The firm has a fifty day moving average price of $136.43 and a two-hundred day moving average price of $150.08. The firm has a market cap of $946.04 million, a price-to-earnings ratio of 8.38 and a beta of 1.41.

Virtus Investment Partners Company Profile

Virtus Investment Partners (NASDAQ: VRTS) is a publicly traded investment management company headquartered in Hartford, Connecticut. The firm offers a broad range of investment solutions to institutional, high-net-wealth, and retail investors, drawing on the expertise of multiple affiliated investment teams. Since its founding in 1995, Virtus has grown by integrating specialized asset managers and expanding its product lineup, while maintaining a focus on active management across diverse market environments.

The company’s product suite encompasses mutual funds, closed-end funds, exchange-traded funds (ETFs), collective trusts, UCITS funds, and separately managed accounts.