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

Vinci Partners Investments Ltd. (NASDAQ:VINP) announced a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Stockholders of record on Wednesday, November 20th will be paid 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. Research 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 Stock Down 2.4 %

Shares of VINP stock traded down $0.26 during mid-day trading on Friday, reaching $10.46. 89,899 shares of the company’s stock traded hands, compared to its average volume of 62,265. Vinci Partners Investments has a 12 month low of $9.01 and a 12 month high of $11.85. The company has a market cap of $562.54 million, a P/E ratio of 17.73 and a beta of 0.08. The company has a quick ratio of 10.68, a current ratio of 10.68 and a debt-to-equity ratio of 0.52. The company’s 50-day moving average price is $10.07 and its 200-day moving average price is $10.59.

Vinci Partners Investments (NASDAQ:VINP) last announced its earnings results on Wednesday, August 7th. The company reported $0.10 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 the consensus estimate of $20.50 million. Vinci Partners Investments had a net margin of 36.07% and a return on equity of 13.37%. On average, equities analysts expect that Vinci Partners Investments will post 0.6 earnings per share for the current fiscal 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.