Virtus Investment Partners's latest dividend was on Oct 31, 2024 (ex-date) with a payout of $2.25 per share. On an annualized basis, the company has a current payout of $7.95 per share. This brings the dividend yield to 3.32% based on its recent close price. The latest dividend marks an increase of $0.35, or 18% from the prior distribution.
VRTS has a dividend yield of 3.32% which is higher than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.58%, Virtus Investment Partners's dividend yield is 29% higher. The historical 5-year average of VRTS's dividend yield is 2.6%, which is less than the current one.
Virtus Investment Partners has been paying dividends since 2014. VRTS has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 16% since twelve months ago. But with the price of the stock up by 24% from a year ago, the dividend yield has a decrease of 6%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Oct 31, 2024 | $2.25 | 3.67% |
Jul 31, 2024 | $1.9 | 3.36% |
Apr 29, 2024 | $1.9 | 3.31% |
Jan 30, 2024 | $1.9 | 2.92% |
Oct 30, 2023 | $1.9 | 3.81% |
Jul 28, 2023 | $1.65 | 3.27% |
Apr 27, 2023 | $1.65 | 3.62% |
Jan 30, 2023 | $1.65 | 3.01% |
Oct 28, 2022 | $1.65 | 3.51% |
Jul 28, 2022 | $1.5 | 2.96% |
Apr 28, 2022 | $1.5 | 2.89% |
Jan 27, 2022 | $1.5 | 1.89% |
Oct 28, 2021 | $1.5 | 1.27% |
Jul 29, 2021 | $0.82 | 1.2% |
Apr 29, 2021 | $0.82 | 1.13% |
Jan 28, 2021 | $0.82 | 1.37% |
Oct 29, 2020 | $0.82 | 1.78% |
Jul 30, 2020 | $0.67 | 1.97% |
Apr 29, 2020 | $0.67 | 2.98% |
Jan 30, 2020 | $0.67 | 1.93% |
Oct 30, 2019 | $0.67 | 2.13% |
Jul 30, 2019 | $0.55 | 2.01% |
Apr 29, 2019 | $0.55 | 1.69% |
Jan 30, 2019 | $0.55 | 2.28% |
Oct 30, 2018 | $0.55 | 1.93% |
Jul 30, 2018 | $0.45 | 1.38% |
Apr 27, 2018 | $0.45 | 1.57% |
Jan 30, 2018 | $0.45 | 1.4% |
Oct 30, 2017 | $0.45 | 1.55% |
Jul 27, 2017 | $0.45 | 1.55% |
Apr 26, 2017 | $0.45 | 1.61% |
Jan 27, 2017 | $0.45 | 1.64% |
Oct 27, 2016 | $0.45 | 1.93% |
Jul 27, 2016 | $0.45 | 2.14% |
Apr 27, 2016 | $0.45 | 2.55% |
Jan 27, 2016 | $0.45 | 1.94% |
Oct 28, 2015 | $0.45 | 1.64% |
Jul 29, 2015 | $0.45 | 1.49% |
Apr 28, 2015 | $0.45 | 1.31% |
Jan 28, 2015 | $0.45 | 0.97% |
VRTS has a payout ratio of 47.4% which is higher than the Financial Services sector average but lower than the industry average. If we compare it with the Financial Services sector average of 44%, Virtus Investment Partners's payout ratio is 8% higher.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
AB Alliancebernstein Holding Lp | 8.12% | $2.98 | 85.4% |
APAM Artisan Partners Asset Management Inc | 5.23% | $2.48 | 69.1% |
VRTS Virtus Investment Partners Inc | 3.32% | $7.95 | 47.4% |
CG Carlyle Group Inc | 2.65% | $1.4 | 400% |
CNS Cohen & Steers Inc | 2.31% | $2.36 | 87.1% |
Yes, Virtus Investment Partners has paid four dividends in the last twelve months. VRTS has been paying dividends since 2014.
Virtus Investment Partners's last dividend ex-date was on Oct 31, 2024. The dividend amount was $2.25 per share.
On an annual basis VRTS pays $7.95 per share.
Virtus Investment Partners's current dividend yield is 3.32%.
Virtus Investment Partners has a quarterly dividend frequency.
The dividend payout ratio of Virtus Investment Partners is 47.4%.
Virtus Investment Partners's dividend yield is more than the Financial Services sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.