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Virtus Investment Partners (Virtus Investment Partners) Dividend Payout Ratio : 0.31 (As of Dec. 2023)


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What is Virtus Investment Partners Dividend Payout Ratio?

Virtus Investment Partners's dividend payout ratio for the months ended in Dec. 2023 was 0.31.

The historical rank and industry rank for Virtus Investment Partners's Dividend Payout Ratio or its related term are showing as below:

VRTS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.29   Max: 0.52
Current: 0.31


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.

VRTS's Dividend Payout Ratio is ranked better than
82.11% of 939 companies
in the Asset Management industry
Industry Median: 0.83 vs VRTS: 0.31

As of today (2024-05-01), the Dividend Yield % of Virtus Investment Partners is 3.36%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Virtus Investment Partners was 4.05%. The lowest was 0.24%. And the median was 1.76%.

Virtus Investment Partners's Dividends per Share for the months ended in Dec. 2023 was $1.90.

During the past 12 months, Virtus Investment Partners's average Dividends Per Share Growth Rate was 11.40% 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.

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.

The growth rate is calculated with least square regression.

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


Virtus Investment Partners Dividend Payout Ratio Historical Data

The historical data trend for Virtus Investment Partners's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Virtus Investment Partners Dividend Payout Ratio Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.29 0.15 0.29 0.41

Virtus Investment Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.30 0.27 0.31 0.35

Competitive Comparison of Virtus Investment Partners's Dividend Payout Ratio

For the Asset Management subindustry, Virtus Investment Partners's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's Dividend Payout Ratio falls into.



Virtus Investment Partners Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Virtus Investment Partners's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2023 )/ EPS without NRI (A: Dec. 2023 )
=6.85/ 16.802
=0.41

Virtus Investment Partners's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.9/ 6.11
=0.31

* 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 (NYSE:VRTS) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Virtus Investment Partners Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Virtus Investment Partners's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtus Investment Partners (Virtus Investment Partners) Business Description

Traded in Other Exchanges
N/A
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 US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Executives
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
Barry M. Mandinach officer: EVP, Head of Distribution 1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Bradley William Patrick Iii officer: EVP, Fund Services C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Stephen T Zarrilli director FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
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
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103