Vinci Compass Investments Ltd. (NASDAQ:VINP) Raises Dividend to $0.17 Per Share

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Wednesday, March 4th. Investors of record on Thursday, March 19th will be given a dividend of 0.17 per share on Thursday, April 2nd. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date is Thursday, March 19th. This is a 13.3% increase from Vinci Compass Investments’s previous quarterly dividend of $0.15.

Vinci Compass Investments has a payout ratio of 68.2% indicating that its dividend is sufficiently covered by earnings. 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 2.0%

Shares of NASDAQ VINP opened at $11.88 on Thursday. The stock has a market cap of $760.91 million, a PE ratio of 25.28 and a beta of 0.13. The company has a current ratio of 6.68, a quick ratio of 6.68 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 $13.61. The company has a 50-day moving average of $12.65 and a 200 day moving average of $11.77.

Vinci Compass Investments (NASDAQ:VINP) last issued its earnings results on Wednesday, March 4th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.01). Vinci Compass Investments had a return on equity of 13.83% and a net margin of 18.18%.The company had revenue of $47.19 million for the quarter, compared to analyst estimates of $51.84 million. As a group, sell-side analysts predict that Vinci Compass Investments will post 0.6 EPS for the current fiscal year.

Vinci Compass 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. In addition, the company financial and strategic advisory services, focusing on IPO advisory and mergers and acquisition transactions to entrepreneurs, corporate senior management teams, and boards of directors.