Virtus Investment Partners (VRTS) Raises Quarterly Dividend 22.4% to $0.82; 2.3% Yield

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Go back to Virtus Investment Partners (VRTS) Raises Quarterly Dividend 22.4% to $0.82; 2.3% Yield

Virtus Investment Partners Increases Quarterly Common Stock Dividend to $0.82 Per Share

August 20, 2020 7:00 AM EDT

HARTFORD, Conn., Aug. 20, 2020 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend on its common stock of $0.82 per share, a 22% increase from the previous quarterly dividend of $0.67 per share.

"This increase to our common stock dividend reflects the strong free cash flow... More