HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Investment Partners, Inc. (NYSE: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly common stock cash dividend of $2.40 per share, representing a 7% increase from the previous quarterly dividend of $2.25 per share. âThis eighth consecutive annual dividend increase reflects the strength of our balance sheet and our consistent generation of free cash flow,â said George R. A
Related Questions
How will the 7% dividend increase affect VRTS's share price in the short term?
What is the implied dividend yield after the increase, and how does it compare to industry peers?
Is the increase in dividend sustainable given the company's free cash flow trends?
What are the underlying reasons for the dividend increaseâhigher earnings, cash reserves, or strategic positioning?
How does the current payout ratio compare to historical levels and to the company's stated dividend policy?
Will the higher dividend influence analyst coverage or target price adjustments for VRTS?
What impact might this have on institutional ownership or demand from dividendâfocused funds?
How does VRTS's dividend growth rate compare with its main competitors in the assetâmanagement sector?
Are there any upcoming catalysts (e.g., earnings releases, portfolio changes) that could offset or amplify the dividend's effect on the stock?
What is the market's perception of the companyâs balance sheet strength and its ability to maintain or increase dividends in the future?