Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

Virtus Investment Partners, Inc. (NASDAQ: VRTS) has announced a quarterly cash dividend of $1.90 per common share for the fourth quarter of 2023. This represents a 15% increase over the quarterly dividend paid for the same quarter last year. The dividend will be paid on February 15, 2024, to shareholders of record at the close of business on January 31, 2024.

HARTFORD, Conn.--(BUSINESS WIRE)-- 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 $1.90 per common share for the fourth quarter of 2023. The $1.90 per share quarterly dividend is equivalent to that paid for the prior quarter and represents a 15% increase over the quarterly dividend paid for the same quarter last year.

The dividend will be paid on February 15, 2024 to shareholders of record at the close of business on January 31, 2024. 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231207583051/en/

Sean Rourke

Investor Relations

(860) 263-4709

sean.rourke@virtus.com

Source: Virtus Investment Partners

FAQ

What is the latest quarterly cash dividend announced by Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

Virtus Investment Partners, Inc. (NASDAQ: VRTS) has announced a quarterly cash dividend of $1.90 per common share for the fourth quarter of 2023.

When will the dividend be paid to shareholders of Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

The dividend will be paid on February 15, 2024, to shareholders of record at the close of business on January 31, 2024.

What is the percentage increase in the quarterly dividend compared to the same quarter last year for Virtus Investment Partners, Inc. (NASDAQ: VRTS)?

The $1.90 per share quarterly dividend represents a 15% increase over the quarterly dividend paid for the same quarter last year by Virtus Investment Partners, Inc. (NASDAQ: VRTS).