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Virtus Investment Partners (NYSE: VRTS) has declared a quarterly cash dividend of $1.90 per common share for Q2 2024.
The dividend will be paid on August 15, 2024, to shareholders on record as of July 31, 2024.
Future dividend decisions will be subject to Board approval.
Virtus Investment Partners, Inc. reported preliminary assets under management of $170.1 billion as of April 30, 2024. The company also managed $2.6 billion in other fee-earning assets. Assets were distributed across various product types and asset classes, with slight decreases from the previous month.
Virtus Total Return Fund Inc. (NYSE: ZTR) announced the final results of its tender offer to acquire 10% of its outstanding shares. The Fund accepted 6,857,832 shares, representing 10% of its outstanding shares, for payment on or about May 8, 2024. A total of 23,504,666.8517 shares were properly tendered, with approximately 29.18% of the shares tendered by each stockholder accepted for payment. The purchase price of the accepted shares is 98% of the Fund's net asset value per share, equal to $5.9976 per share.