Virtus Investment Partners Declares Quarterly Cash Dividend on Common Stock

Rhea-AI Summary

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.

Positive

• Quarterly cash dividend of $1.90 per share declared.
• Dividend to be paid on August 15, 2024.
• Shareholders of record by July 31, 2024, eligible for the dividend.

Negative

• Future dividend declarations are subject to Board approval, indicating potential uncertainty.

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 cash dividend of $1.90 per common share for the second quarter of 2024.

The dividend will be paid on August 15, 2024 to shareholders of record at the close of business on July 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 (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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240516428528/en/

Sean Rourke

Investor Relations

(860) 263-4709

sean.rourke@virtus.com

Source: Virtus Investment Partners

FAQ

When will Virtus Investment Partners pay the declared dividend for Q2 2024?

The dividend will be paid on August 15, 2024.

What is the dividend amount declared by Virtus Investment Partners for Q2 2024?

The declared dividend amount is $1.90 per common share.

What is the record date for the Virtus Investment Partners Q2 2024 dividend?

The record date is July 31, 2024.

What is the stock symbol for Virtus Investment Partners?

The stock symbol is VRTS.

Is the future dividend of Virtus Investment Partners guaranteed?

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