Vinci Partners Investments Ltd. Declares Quarterly Dividend of $0.16 (NASDAQ:VINP)

Vinci Partners Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Investors of record on Wednesday, November 20th will be given a dividend of 0.16 per share on Thursday, December 5th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date is Wednesday, November 20th.

Vinci Partners Investments has a dividend payout ratio of 73.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Vinci Partners Investments to earn $0.74 per share next year, which means the company should continue to be able to cover its $0.68 annual dividend with an expected future payout ratio of 91.9%.

Vinci Partners Investments Trading Down 2.4 %

Shares of VINP stock traded down $0.26 on Friday, hitting $10.46. The stock had a trading volume of 89,899 shares, compared to its average volume of 62,265. The company’s 50 day moving average price is $10.07 and its 200-day moving average price is $10.59. Vinci Partners Investments has a 1 year low of $9.01 and a 1 year high of $11.85. The company has a debt-to-equity ratio of 0.52, a current ratio of 10.68 and a quick ratio of 10.68. The firm has a market capitalization of $562.54 million, a P/E ratio of 17.73 and a beta of 0.08.

Vinci Partners Investments (NASDAQ:VINP) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $0.10 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.07). The business had revenue of $25.18 million for the quarter, compared to analysts’ expectations of $20.50 million. Vinci Partners Investments had a return on equity of 13.37% and a net margin of 36.07%. Analysts anticipate that Vinci Partners Investments will post 0.6 earnings per share for the current year.

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.