Virtus Investment Partners Has Declared A Quarterly Dividend Of $2.25 Per Share, Representing An 18% Increase From The Previous Quarterly Dividend Of $1.90 Per Share
Portfolio Pulse from Benzinga Newsdesk
Virtus Investment Partners has announced an 18% increase in its quarterly dividend, raising it from $1.90 to $2.25 per share. The dividend will be paid on November 13, 2024, to shareholders of record as of October 31, 2024.
August 15, 2024 | 11:02 am
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Virtus Investment Partners has declared an 18% increase in its quarterly dividend, raising it from $1.90 to $2.25 per share. This is a positive signal for investors, indicating strong financial health and commitment to returning value to shareholders.
The increase in the quarterly dividend by 18% suggests that Virtus Investment Partners is performing well financially and is committed to returning value to its shareholders. This is likely to have a positive short-term impact on the stock price as it attracts income-focused investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100