Vinci Compass Investments Ltd. (NASDAQ:VINP) Declares Quarterly Dividend of $0.17

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Tuesday, August 11th. Shareholders of record on Tuesday, August 25th will be paid a dividend of 0.17 per share on Wednesday, September 9th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date is Tuesday, August 25th.

Vinci Compass Investments has a dividend payout ratio of 77.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Analysts expect Vinci Compass Investments to earn $1.16 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 58.6%.

Vinci Compass Investments Trading Down 3.5%

Shares of VINP stock traded down $0.35 during trading hours on Wednesday, hitting $9.55. 39,150 shares of the company’s stock traded hands, compared to its average volume of 68,416. The stock has a market cap of $624.78 million, a PE ratio of 12.91 and a beta of 0.30. The stock’s 50 day simple moving average is $9.80 and its 200 day simple moving average is $10.70. The company has a quick ratio of 5.08, a current ratio of 5.08 and a debt-to-equity ratio of 0.46. Vinci Compass Investments has a 12 month low of $9.22 and a 12 month high of $13.61.

Vinci Compass Investments (NASDAQ:VINP) last issued its quarterly earnings data on Wednesday, August 12th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.02). The business had revenue of $54.05 million during the quarter, compared to the consensus estimate of $56.12 million. Vinci Compass Investments had a return on equity of 13.73% and a net margin of 26.75%. On average, sell-side analysts anticipate that Vinci Compass Investments will post 0.9 EPS for the current year.

Key Headlines Impacting Vinci Compass Investments

Here are the key news stories impacting Vinci Compass Investments this week:

• Positive Sentiment: Vinci Compass announced an agreement to acquire Navi Capital’s real estate platform. The transaction could expand the company’s alternative-investments offering and strengthen its real-estate capabilities, although financial terms and the expected earnings contribution were not provided. Vinci Compass earnings and Navi acquisition announcement
• Positive Sentiment: The company declared a quarterly dividend of $0.17 per share, payable September 9 to investors of record on August 25. The indicated annualized yield is approximately 6.9%, which may appeal to income-oriented investors. The August 25 ex-dividend date could also affect near-term trading. Vinci Compass dividend announcement
• Neutral Sentiment: Management discussed the second-quarter results and the Navi transaction on the earnings call. Investors will likely focus on integration plans, acquisition economics and the outlook for asset-gathering and fee revenue. Vinci Compass second-quarter earnings call transcript
• Negative Sentiment: Second-quarter adjusted earnings were $0.19 per share, below the $0.21 analyst consensus and the $0.23 estimate cited by Zacks. Revenue of $54.05 million also missed expectations of $56.12 million, while EPS declined from $0.22 a year earlier. The earnings and revenue misses are the clearest reason for the stock’s weakness. Vinci Compass misses second-quarter estimates

Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.