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

Vinci Partners Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Thursday, November 7th,Zacks Dividends reports. Shareholders 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 yield of 6.12%. The ex-dividend date is Wednesday, November 20th.

Vinci Partners Investments has a 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 Stock Down 2.4 %

Shares of NASDAQ VINP opened at $10.46 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 10.68 and a current ratio of 10.68. Vinci Partners Investments has a 1 year low of $9.01 and a 1 year high of $11.85. The stock’s 50-day simple moving average is $10.07 and its 200-day simple moving average is $10.59. The firm has a market cap of $562.54 million, a price-to-earnings ratio of 17.73 and a beta of 0.08.

Vinci Partners Investments (NASDAQ:VINP) last announced its 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). Vinci Partners Investments had a net margin of 36.07% and a return on equity of 13.37%. The business had revenue of $25.18 million during the quarter, compared to analyst estimates of $20.50 million. As a group, equities analysts anticipate 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.