Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

Virtus Investment Partners (NASDAQ: VRTS) announced a quarterly cash dividend of $1.65 per share for Q4 2022, set to be paid on February 15, 2023. Shareholders of record by January 31, 2023 will be eligible. Future dividend declarations will depend on Board approval. This reflects the company's commitment to returning value to shareholders amidst its multi-boutique asset management operations.

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• Declared a quarterly cash dividend of $1.65 per share, signaling commitment to shareholder value.

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• None.

HARTFORD, Conn., Dec. 8, 2022 /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 of $1.65 per common share for the fourth quarter of 2022.

The dividend will be paid on February 15, 2023 to shareholders of record at the close of business on January 31, 2023. Future declarations of dividends will be subject to the approval of the Board of Directors.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

 

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SOURCE Virtus Investment Partners, Inc.

FAQ

What is the dividend amount declared by Virtus Investment Partners for Q4 2022?

Virtus Investment Partners declared a quarterly cash dividend of $1.65 per share for Q4 2022.

When will the dividend for Virtus Investment Partners be paid?

The dividend will be paid on February 15, 2023.

Who is eligible to receive the dividend from Virtus Investment Partners?

Shareholders of record as of January 31, 2023, are eligible to receive the dividend.

Will Virtus Investment Partners continue to pay dividends in the future?

Future declarations of dividends are subject to the approval of the Board of Directors.