Virtus Investment Partners, Inc. ( VRTS ) will begin trading ex-dividend on July 27, 2016. A cash dividend payment of $0.45 per share is scheduled to be paid on August 12, 2016. Shareholders who purchased VRTS prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 9th quarter that VRTS has paid the same dividend. At the current stock price of $81.51, the dividend yield is 2.21%.
The previous trading day's last sale of VRTS was $81.51, representing a -42.59% decrease from the 52 week high of $141.97 and a 23.28% increase over the 52 week low of $66.12.
VRTS is a part of the Finance sector, which includes companies such as The Blackstone Group L.P. ( BX ) and Franklin Resources, Inc. ( BEN ). VRTS's current earnings per share, an indicator of a company's profitability, is $3.22. Zacks Investment Research reports VRTS's forecasted earnings growth in 2016 as -32.1%, compared to an industry average of -5.8%.