Virtus Investment Partners Increases Quarterly Common Stock Dividend 18% to $2.25 Per Share
Virtus Investment Partners (NYSE: VRTS) has increased its quarterly common stock dividend by 18% to $2.25 per share, marking its seventh consecutive annual dividend increase. The company's president and CEO, George R. Aylward, emphasized the strength and stability of Virtus' financial position and confidence in free cash flow generation. This increase reflects the company's balanced approach to capital management, supported by a strong balance sheet. The third quarter 2024 dividend will be paid on November 13, 2024 to shareholders of record as of October 31, 2024.
Virtus Investment Partners (NYSE: VRTS) ha aumentato il suo dividendo trimestrale sulle azioni ordinarie del 18% a 2,25 dollari per azione, segnando così il settimo aumento annuale consecutivo del dividendo. Il presidente e CEO dell'azienda, George R. Aylward, ha sottolineato la forza e la stabilità della posizione finanziaria di Virtus e la fiducia nella generazione di flussi di cassa liberi. Questo incremento riflette l'approccio bilanciato dell'azienda nella gestione del capitale, supportato da un forte bilancio. Il dividendo del terzo trimestre 2024 sarà pagato il 13 novembre 2024 agli azionisti registrati al 31 ottobre 2024.
Virtus Investment Partners (NYSE: VRTS) ha incrementado su dividendo trimestral en acciones comunes en un 18% a $2.25 por acción, marcando su séptimo aumento anual consecutivo del dividendo. El presidente y CEO de la compañía, George R. Aylward, enfatizó la fortaleza y estabilidad de la posición financiera de Virtus y la confianza en la generación de flujo de efectivo libre. Este aumento refleja el enfoque equilibrado de la compañía hacia la gestión de capital, respaldado por un balance sólido. El dividendo del tercer trimestre de 2024 se pagará el 13 de noviembre de 2024 a los accionistas registrados hasta el 31 de octubre de 2024.
Virtus Investment Partners (NYSE: VRTS)는 분기 보통주 배당금을 18% 인상하여 주당 2.25달러로 설정했습니다, 이는 7년 연속 배당금 증가로 기록됩니다. 회사의 회장 겸 CEO인 George R. Aylward는 Virtus의 재무 상태의 강점과 안정성, 그리고 자유 현금 흐름 생성에 대한 자신감을 강조했습니다. 이 증가는 강력한 재무 상태에 의해 뒷받침된 자본 관리에 대한 회사의 균형 잡힌 접근 방식을 반영합니다. 2024년 3분기 배당금은 2024년 11월 13일에 지급됩니다 그리고 2024년 10월 31일 기준 주주에게 지급됩니다.
Virtus Investment Partners (NYSE: VRTS) a augmenté son dividende trimestriel sur actions ordinaires de 18 % à 2,25 $ par action, marquant ainsi la septième augmentation annuelle consécutive du dividende. Le président et PDG de l'entreprise, George R. Aylward, a souligné la force et la stabilité de la position financière de Virtus et la confiance dans la génération de flux de trésorerie disponible. Cette augmentation reflète l'approche équilibrée de l'entreprise en matière de gestion du capital, soutenue par un bilan solide. Le dividende du troisième trimestre 2024 sera versé le 13 novembre 2024 aux actionnaires inscrits au 31 octobre 2024.
Virtus Investment Partners (NYSE: VRTS) hat die vierteljährliche Dividende für Stammaktien um 18% auf 2,25 Dollar pro Aktie erhöht, was die siebte jährliche Dividendensteigerung in Folge markiert. Der Präsident und CEO des Unternehmens, George R. Aylward, betonte die Stärke und Stabilität der finanziellen Lage von Virtus und das Vertrauen in die Generierung von Freiem Cashflow. Diese Erhöhung spiegelt den ausgewogenen Ansatz des Unternehmens in der Kapitalverwaltung wider, der durch eine starke Bilanz unterstützt wird. Die Dividende für das dritte Quartal 2024 wird am 13. November 2024 an die Aktionäre gezahlt, die am 31. Oktober 2024 im Aktienregister stehen.
- 18% increase in quarterly dividend to $2.25 per share
- Seventh consecutive annual dividend increase
- Strong financial position and free cash flow generation
- Balanced approach to capital management
- None.
Seventh consecutive annual dividend increase
"We are pleased to raise our dividend for the seventh consecutive year, reflecting the strength and stability of our financial position and confidence in our free cash flow generation,” said George R. Aylward, president and chief executive officer. “Our strong balance sheet provides flexibility to continue our balanced approach to capital management.”
The third quarter 2024 common stock dividend of
Future declarations of dividends and the establishment of future record and payment dates are subject to the approval of the Board of Directors.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: 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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Sean Rourke
Investor Relations
(860) 263-4709
sean.rourke@virtus.com
Source: Virtus Investment Partners
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