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

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

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

Virtus Investment Partners Stock Up 2.6%

Shares of VRTS traded up $3.65 during mid-day trading on Thursday, reaching $141.58. The company had a trading volume of 105,516 shares, compared to its average volume of 101,993. The company has a debt-to-equity ratio of 0.27, a quick ratio of 11.86 and a current ratio of 11.86. The firm has a 50-day moving average price of $136.23 and a 200 day moving average price of $150.23. Virtus Investment Partners has a 52 week low of $121.61 and a 52 week high of $215.06. The company has a market capitalization 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.