Vinci Partners Investments Ltd. (NASDAQ:VINP) Announces Quarterly Dividend of $0.15

Vinci Partners Investments Ltd. (NASDAQ:VINPGet Free Report) announced a quarterly dividend on Thursday, February 27th, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.15 per share on Thursday, March 27th. This represents a $0.60 dividend on an annualized basis and a yield of 6.13%. The ex-dividend date of this dividend is Thursday, March 13th.

Vinci Partners Investments has raised its dividend payment by an average of 15.0% annually over the last three years. Vinci Partners Investments has a payout ratio of 68.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Vinci Partners Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.64 annual dividend with an expected future payout ratio of 88.9%.

Vinci Partners Investments Price Performance

VINP traded down $0.23 during midday trading on Thursday, hitting $9.78. The stock had a trading volume of 222,992 shares, compared to its average volume of 72,779. The business has a fifty day moving average of $10.08 and a 200 day moving average of $10.23. The company has a debt-to-equity ratio of 0.51, a quick ratio of 12.68 and a current ratio of 12.68. Vinci Partners Investments has a 1 year low of $9.01 and a 1 year high of $11.85. The company has a market cap of $525.96 million, a P/E ratio of 15.77 and a beta of 0.10.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group reiterated a “buy” rating and issued a $13.00 price target on shares of Vinci Partners Investments in a research note on Thursday, December 5th.

Read Our Latest Report on VINP

About Vinci Partners Investments

(Get Free Report)

Vinci Partners Investments Ltd. operates as an asset management firm in Brazil. The company focuses on private markets, liquid strategies, investment products and solutions, and retirement services. It offers private equity, infrastructure, real estate, credit, special situations, equities, hedge funds, and investment products and solutions comprising portfolio and management services.

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Dividend History for Vinci Partners Investments (NASDAQ:VINP)

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