Virtus Investment Partners's latest quarterly dividend was on Jan 30, 2024 (ex-date) with a payout of $1.9 per share. On an annualized basis, the company has a current payout of $7.1 per share. This brings the dividend yield to 3.23% based on its recent close price.
VRTS has a dividend yield of 3.23% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.56%, Virtus Investment Partners's dividend yield is 9% lower. The historical 5-year average of VRTS's dividend yield is 2.4%, 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 13% since twelve months ago. But with the price of the stock up by 17% from a year ago, the dividend yield has a decrease of 3.9%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Jan 30, 2024 | Feb 15, 2024 | Dec 7, 2023 | $1.9 | normal |
| Oct 30, 2023 | Nov 15, 2023 | Aug 17, 2023 | $1.9 | normal |
| Jul 28, 2023 | Aug 15, 2023 | May 17, 2023 | $1.65 | normal |
| Apr 27, 2023 | May 15, 2023 | Feb 23, 2023 | $1.65 | normal |
| Jan 30, 2023 | Feb 15, 2023 | Dec 8, 2022 | $1.65 | normal |
| Oct 28, 2022 | Nov 15, 2022 | Aug 17, 2022 | $1.65 | normal |
| Jul 28, 2022 | Aug 15, 2022 | May 19, 2022 | $1.5 | normal |
| Apr 28, 2022 | May 13, 2022 | Feb 24, 2022 | $1.5 | normal |
| Jan 27, 2022 | Feb 11, 2022 | Dec 2, 2021 | $1.5 | normal |
| Oct 28, 2021 | Nov 12, 2021 | Aug 18, 2021 | $1.5 | normal |
| Jul 29, 2021 | Aug 13, 2021 | May 13, 2021 | $0.82 | normal |
| Apr 29, 2021 | May 14, 2021 | Feb 25, 2021 | $0.82 | normal |
| Jan 28, 2021 | Feb 12, 2021 | Dec 3, 2020 | $0.82 | normal |
| Oct 29, 2020 | Nov 13, 2020 | Aug 20, 2020 | $0.82 | normal |
| Jul 30, 2020 | Aug 14, 2020 | May 13, 2020 | $0.67 | normal |
| Apr 29, 2020 | May 15, 2020 | Feb 26, 2020 | $0.67 | normal |
| Jan 30, 2020 | Feb 15, 2020 | Dec 6, 2019 | $0.67 | normal |
| Oct 30, 2019 | Nov 15, 2019 | Aug 14, 2019 | $0.67 | normal |
| Jul 30, 2019 | Aug 15, 2019 | May 15, 2019 | $0.55 | normal |
| Apr 29, 2019 | May 15, 2019 | Feb 21, 2019 | $0.55 | normal |
| Jan 30, 2019 | Feb 15, 2019 | Dec 5, 2018 | $0.55 | normal |
| Oct 30, 2018 | Nov 15, 2018 | Aug 14, 2018 | $0.55 | normal |
| Jul 30, 2018 | Aug 15, 2018 | May 15, 2018 | $0.45 | normal |
| Apr 27, 2018 | May 15, 2018 | Feb 14, 2018 | $0.45 | normal |
| Jan 30, 2018 | Feb 15, 2018 | Dec 6, 2017 | $0.45 | normal |
| Oct 30, 2017 | Nov 15, 2017 | Aug 16, 2017 | $0.45 | normal |
| Jul 27, 2017 | Aug 14, 2017 | May 19, 2017 | $0.45 | normal |
| Apr 26, 2017 | May 10, 2017 | Feb 15, 2017 | $0.45 | normal |
| Jan 27, 2017 | Feb 10, 2017 | Dec 8, 2016 | $0.45 | normal |
| Oct 27, 2016 | Nov 11, 2016 | Aug 17, 2016 | $0.45 | normal |
| Jul 27, 2016 | Aug 12, 2016 | May 26, 2016 | $0.45 | normal |
VRTS has a payout ratio of 39.4% which is lower than the Financial Services sector and the industry average. But if we consider the Financial Services sector average of 39.5%, Virtus Investment Partners's payout ratio is only 0.3% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| AB Alliancebernstein Holding Lp | 8.28% | $2.69 | 115% |
| APAM Artisan Partners Asset Management Inc | 6.59% | $2.78 | 87.1% |
| CNS Cohen & Steers Inc | 3.48% | $2.3 | 87.8% |
| VRTS Virtus Investment Partners Inc | 3.23% | $7.1 | 39.4% |
Yes, Virtus Investment Partners has paid four dividends in the last twelve months. VRTS has been paying dividends since 2014.
VRTS's next dividend is scheduled on Apr 29, 2024 (ex-date).
Virtus Investment Partners's last dividend ex-date was on Jan 30, 2024. The dividend amount was $1.9 per share.
On an annual basis VRTS pays $7.1 per share.
Virtus Investment Partners's current dividend yield is 3.23%.
Virtus Investment Partners has a quarterly dividend frequency.
The dividend payout ratio of Virtus Investment Partners is 39.4%.
Virtus Investment Partners's dividend yield is less than the Financial Services sector average.