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 first quarter of 2024. 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 May 15, 2024 to shareholders of record at the close of business on April 30, 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.