Virtu Financial's latest quarterly cash dividend of $0.24 per share was issued to shareholders on record before Aug 31, 2023. At an annualized rate of $0.96 per share, the stock yields 5.61%.
VIRT has a dividend yield of 5.61% which is higher than the Financial Services sector and the industry average. In comparison with the Financial Services sector average of 3.79%, Virtu Financial's dividend yield is 48% higher. The current dividend yield is higher than the historical average of 4.2% of the last 5 years.
Virtu Financial has been paying dividends for the last eight years. Our records show that VIRT has distributed four quarterly dividends in the past year. The annualized dividend per share has remained the same since twelve months ago. However with the price of the stock down by 23% from a year ago, the dividend yield marks an increase of 30%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Aug 31, 2023 | Sep 15, 2023 | Jul 26, 2023 | $0.24 | normal |
| May 31, 2023 | Jun 15, 2023 | Apr 20, 2023 | $0.24 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Jan 26, 2023 | $0.24 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 3, 2022 | $0.24 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Jul 28, 2022 | $0.24 | normal |
| May 31, 2022 | Jun 15, 2022 | Apr 28, 2022 | $0.24 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Feb 8, 2022 | $0.24 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 3, 2021 | $0.24 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 4, 2021 | $0.24 | normal |
| May 28, 2021 | Jun 15, 2021 | May 4, 2021 | $0.24 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 11, 2021 | $0.24 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 6, 2020 | $0.24 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 7, 2020 | $0.24 | normal |
| May 29, 2020 | Jun 15, 2020 | May 7, 2020 | $0.24 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Feb 11, 2020 | $0.24 | normal |
| Nov 29, 2019 | Dec 16, 2019 | Nov 5, 2019 | $0.24 | normal |
| Aug 30, 2019 | Sep 16, 2019 | Aug 8, 2019 | $0.24 | normal |
| May 31, 2019 | Jun 17, 2019 | May 3, 2019 | $0.24 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Feb 7, 2019 | $0.24 | normal |
| Nov 29, 2018 | Dec 14, 2018 | Nov 7, 2018 | $0.24 | normal |
| Aug 30, 2018 | Sep 14, 2018 | Jul 27, 2018 | $0.24 | normal |
| May 31, 2018 | Jun 15, 2018 | May 4, 2018 | $0.24 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 8, 2018 | $0.24 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 7, 2017 | $0.24 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 8, 2017 | $0.24 | normal |
| May 30, 2017 | Jun 15, 2017 | May 4, 2017 | $0.24 | normal |
| Feb 27, 2017 | Mar 15, 2017 | Feb 2, 2017 | $0.24 | normal |
| Nov 29, 2016 | Dec 15, 2016 | Nov 4, 2016 | $0.24 | normal |
| Aug 30, 2016 | Sep 15, 2016 | Aug 3, 2016 | $0.24 | normal |
| May 27, 2016 | Jun 15, 2016 | May 4, 2016 | $0.24 | normal |
VIRT has a payout ratio of 69.6% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 33.4%, Virtu Financial's payout ratio is 108% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| ORC Orchid Island Capital Inc | 22.33% | $1.92 | N/A |
| VIRT Virtu Financial Inc | 5.65% | $0.96 | 69.6% |
| SCHW Schwab Charles Corp | 1.78% | $0.97 | 28% |
| RJF Raymond James Financial Inc | 1.61% | $1.6 | 19.7% |
Yes, Virtu Financial has been paying dividends for the last eight years.
At this point we don't have a record of VIRT's next dividend date, but based on the current dividend schedule we project that it will likely be in November 2023.
Virtu Financial's last dividend ex-date was on Aug 31, 2023. The dividend amount was $0.24 per share.
VIRT has paid dividend of $0.96 per share in the last year.
The current dividend yield of Virtu Financial is 5.61%.
Virtu Financial pays four dividends per year.
The dividend payout ratio of Virtu Financial is 69.6%.
Virtu Financial's dividend yield is higher than the Financial Services sector average.