Virtus Investment Partners, Inc. (NASDAQ:VRTS) to Issue Dividend Increase – $2.45 Per Share

Virtus Investment Partners, Inc. (NASDAQ:VRTS) announced a quarterly dividend on Wednesday, August 19th. Investors of record on Friday, October 30th will be paid a dividend of 2.45 per share by the closed-end fund on Friday, November 13th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, October 30th. This is a 2.1% increase from Virtus Investment Partners’s previous quarterly dividend of $2.40.

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

Virtus Investment Partners Stock Performance

Shares of VRTS opened at $168.02 on Friday. The company has a current ratio of 11.86, a quick ratio of 11.86 and a debt-to-equity ratio of 0.27. The stock has a market cap of $1.11 billion, a P/E ratio of 9.94 and a beta of 1.37. The company has a 50-day moving average of $157.80 and a two-hundred day moving average of $145.79. Virtus Investment Partners has a 12-month low of $121.61 and a 12-month high of $203.61.

About Virtus Investment Partners

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.