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

Key Points

• Vinci Compass Investments Ltd. has declared a quarterly dividend of $0.15 per share, with an annual yield of 6.0%, payable on September 9th to investors recorded on August 25th.
• The company maintains a payout ratio of 68.2%, indicating that its dividend is well-covered by earnings, and expects to earn $0.72 per share next year.
• Institutional investors own 34.07% of Vinci Compass Investments' stock, with recent purchases indicating strong interest from hedge funds and asset management firms.

Vinci Compass Investments Ltd. (NASDAQ:VINP - Get Free Report) announced a quarterly dividend on Tuesday, August 12th, Wall Street Journal reports. Shareholders of record on Monday, August 25th will be given a dividend of 0.15 per share on Tuesday, September 9th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, August 25th.

Vinci Compass Investments has a dividend payout ratio of 68.2% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vinci Compass Investments to earn $0.72 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 83.3%.

Vinci Compass Investments Stock Up 0.8%

Shares of NASDAQ VINP traded up $0.08 on Monday, hitting $10.24. The company had a trading volume of 43,070 shares, compared to its average volume of 48,327. The company has a quick ratio of 7.84, a current ratio of 7.84 and a debt-to-equity ratio of 0.44. Vinci Compass Investments has a 12-month low of $8.66 and a 12-month high of $11.46. The firm has a market capitalization of $655.87 million, a P/E ratio of 21.79 and a beta of 0.10. The business has a 50 day moving average of $9.67 and a two-hundred day moving average of $9.80.

About Vinci Compass Investments

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.