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

Vinci Partners Investments Ltd. (NASDAQ:VINP) announced a quarterly dividend on Tuesday, November 5th,Zacks Dividends reports. Stockholders 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 annualized dividend and a dividend yield of 6.19%. The ex-dividend date of this dividend is Wednesday, November 20th.

Vinci Partners Investments has a payout ratio of 83.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Equities 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 $0.64 annual dividend with an expected future payout ratio of 86.5%.

Vinci Partners Investments Stock Down 2.2 %

NASDAQ:VINP opened at $10.34 on Monday. 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 firm’s 50 day simple moving average is $10.11 and its 200 day simple moving average is $10.59. The company has a market cap of $556.09 million, a PE ratio of 16.68 and a beta of 0.08.

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.