Virtus Investment Partners (VRTS) Raises Quarterly Dividend 22.2% to $0.55; 1.7% Yield

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Go back to Virtus Investment Partners (VRTS) Raises Quarterly Dividend 22.2% to $0.55; 1.7% Yield

Virtus Investment Partners Increases Common Stock Dividend to $0.55 Per Share

August 15, 2018 9:00 AM EDT

HARTFORD, Conn., Aug. 15, 2018 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.55 per share, which represents a 22 percent increase from the previous quarterly dividend level of $0.45 per share. This is the first increase since the company initiated a quarterly dividend in May 2014.

"We are pleased to increase our common stock dividend, which... More