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

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

Vinci Partners Investments has raised its dividend payment by an average of 15.0% per year over the last three years. Vinci Partners Investments has a dividend payout ratio of 68.8% indicating that 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 Stock Down 2.3 %

Shares of VINP opened at $9.78 on Friday. The firm has a 50 day simple moving average of $10.07 and a two-hundred day simple moving average of $10.23. The company has a debt-to-equity ratio of 0.51, a current ratio of 12.68 and a quick ratio of 12.68. Vinci Partners Investments has a one year low of $9.01 and a one 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.

Analyst Upgrades and Downgrades

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

Vinci Partners Investments Company Profile

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.