Vinci Compass Investments Ltd. Announces Quarterly Dividend of $0.17 (NASDAQ:VINP)

Vinci Compass Investments Ltd. (NASDAQ:VINP) declared a quarterly dividend on Tuesday, August 11th. Shareholders of record on Tuesday, August 25th will be given a dividend of 0.17 per share on Wednesday, September 9th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date is Tuesday, August 25th.

Vinci Compass Investments has a payout ratio of 77.3% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities analysts expect Vinci Compass Investments to earn $1.16 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 58.6%.

Vinci Compass Investments Stock Performance

Shares of VINP stock traded down $0.41 during trading hours on Wednesday, reaching $9.49. 42,380 shares of the company’s stock were exchanged, compared to its average volume of 68,514. The stock has a market capitalization of $620.85 million, a P/E ratio of 12.83 and a beta of 0.30. The business has a fifty day moving average price of $9.80 and a 200-day moving average price of $10.70. Vinci Compass Investments has a fifty-two week low of $9.22 and a fifty-two week high of $13.61. The company has a quick ratio of 5.08, a current ratio of 5.08 and a debt-to-equity ratio of 0.46.

Vinci Compass Investments (NASDAQ:VINP) last issued its earnings results on Wednesday, August 12th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.02). Vinci Compass Investments had a net margin of 26.75% and a return on equity of 13.73%. The firm had revenue of $54.05 million during the quarter, compared to analyst estimates of $56.12 million. Analysts predict that Vinci Compass Investments will post 0.9 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.