HARTFORD, Conn., May 16, 2019 /PRNewswire/ -- Virtus
Investment Partners, Inc. (NASDAQ: VRTS), which operates a
multi-manager asset management business, today announced that its
Board of Directors has declared a cash dividend of $0.55 per share on its common stock for the
second quarter of 2019. The dividend will be paid on August 15, 2019 to shareholders of record as of
the close of business on July 31,
2019.
The board also declared a quarterly cash dividend of
$1.8125 per share on the company's
7.25% Series D Mandatory Convertible Preferred Stock (NASDAQ:
VRTSP). The dividend will be paid on August
1, 2019 to shareholders of record as of the close of
business on July 15, 2019.
Future declarations of dividends will be subject to the approval
of the Board of Directors.
About Virtus Investment Partners
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive
partnership of boutique investment managers singularly committed to
the long-term success of individual and institutional investors.
The company provides investment management products and services
through its affiliated managers and select subadvisers, each with a
distinct investment style, autonomous investment process, and
individual brand. Virtus Investment Partners offers access to a
variety of investment styles across multiple disciplines to meet a
wide array of investor needs. Its affiliates include Ceredex Value
Advisors, Duff & Phelps Investment Management, Kayne Anderson
Rudnick Investment Management, Newfleet Asset Management, Rampart
Investment Management, Seix Investment Advisors, Silvant Capital
Management, Sustainable Growth Advisers, and Virtus ETF Solutions.
Additional information can be found at virtus.com.
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SOURCE Virtus Investment Partners, Inc.