Why Virtus Investment Partners (VRTS) is a Top Dividend Stock for Your Portfolio

Company Overview - Virtus Investment Partners (VRTS) is headquartered in Hartford and operates in the Finance sector, experiencing a price change of -31.55% since the beginning of the year [3] - The company currently pays a dividend of $2.25 per share, resulting in a dividend yield of 5.96$9, reflecting a 13.2% increase from the previous year [4] - Over the past five years, the company has increased its dividend five times on a year-over-year basis, achieving an average annual increase of 29.31% [4] - The current payout ratio is 34%, indicating that the company paid out 34% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - The Zacks Consensus Estimate for earnings in fiscal year 2025 is $27.87 per share, with an expected increase of 5.85% from the previous year [5] Investment Appeal - VRTS is considered an attractive dividend play and a compelling investment opportunity, currently holding a Zacks Rank of 2 (Buy) [7]