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VRTS (Virtus Investment Partners) 3-Year Dividend Growth Rate : 34.30% (As of Sep. 2024)


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What is Virtus Investment Partners 3-Year Dividend Growth Rate?

Virtus Investment Partners's Dividends per Share for the three months ended in Sep. 2024 was $1.90.

The historical rank and industry rank for Virtus Investment Partners's 3-Year Dividend Growth Rate or its related term are showing as below:

VRTS' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.8   Med: 26   Max: 38.4
Current: 34.3

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Virtus Investment Partners was 38.40% per year. The lowest was 1.80% per year. And the median was 26.00% per year.

VRTS's 3-Year Dividend Growth Rate is ranked better than
92.42% of 857 companies
in the Asset Management industry
Industry Median: 2.7 vs VRTS: 34.30

During the past 12 months, Virtus Investment Partners's average Dividends Per Share Growth Rate was 15.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 34.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

Virtus Investment Partners's Dividend Payout Ratio for the three months ended in Sep. 2024 was 0.28. As of today, Virtus Investment Partners's Dividend Yield % is 3.32%.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Virtus Investment Partners's 3-Year Dividend Growth Rate

For the Asset Management subindustry, Virtus Investment Partners's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Virtus Investment Partners's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's 3-Year Dividend Growth Rate falls into.



Virtus Investment Partners 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Virtus Investment Partners  (NYSE:VRTS) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Virtus Investment Partners's Dividend Payout Ratio for the quarter that ended in Sep. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2024 )/ EPS without NRI (Q: Sep. 2024 )
=1.9/ 6.92
=0.27

During the past 13 years, the highest Dividend Payout Ratio of Virtus Investment Partners was 0.52. The lowest was 0.08. And the median was 0.29.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Virtus Investment Partners Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 2.2500002024-10-312024-10-312024-11-13Cash DividendquarterlyUSD:USD 1.000000
USD 1.9000002024-07-312024-07-312024-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.9000002024-04-292024-04-302024-05-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.9000002024-01-302024-01-312024-02-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Virtus Investment Partners's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=7.95/239.70
=3.32 %

Current Share Price is $239.70.
Virtus Investment Partners's Dividends per Share for the trailing twelve months (TTM) ended in Today is $7.95.

During the past 13 years, the highest Dividend Yield of Virtus Investment Partners was 4.05%. The lowest was 0.27%. And the median was 1.83%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Virtus Investment Partners 3-Year Dividend Growth Rate Related Terms>


Virtus Investment Partners Business Description

Traded in Other Exchanges
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the U.S. and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Executives
Barry M. Mandinach officer: EVP, Head of Distribution 1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Stephen T Zarrilli director FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
Michael A Angerthal officer: EVP, Chief Financial Officer C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Mardelle W Pena officer: EVP, Human Resources C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, Fund Services C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Richard W Smirl officer: EVP & Chief Operating Officer C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Francis G Waltman officer: EVP, Product Management C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Mark C Treanor director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Peter L Bain director LEGG MASON INC, 100 LIGHT ST, BALTIMORE MD 21202
Paul G Greig director III CASCADE PLAZA, AKRON OH 44308
Wendy J Hills officer: EVP, CLO & General Counsel 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
James R Baio director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Timothy A Holt director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Melody L Jones director T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202