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Virtus Investment Partners declares USD 0.55 quarterly cash dividends on common and preferred stock.

BANKING AND CREDIT NEWS-February 28, 2019-Virtus Investment Partners declares USD 0.55 quarterly cash dividends on common and preferred stock

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Board of directors of Virtus Investment Partners, Inc. (NASDAQ: VRTS) has declared a cash dividend of USD 0.55 per share on its common stock for the first quarter of 2019, the company said.

The dividend will be paid on May 15, 2019 to shareholders of record as of the close of business on April 30, 2019.

The board also declared a quarterly cash dividend of USD 1.8125 per share on the company's 7.25% Series D Mandatory Convertible Preferred Stock (NASDAQ: VRTSP). The dividend will be paid on May 1, 2019 to shareholders of record as of the close of business on April 15, 2019.

Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand.

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Publication:M2 Banking & Credit News (BCN)
Date:Feb 28, 2019
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