Virtus Global Multi-Sector Income Fund (NYSE: VGI) today announced the following monthly distributions:
Virtus (VRTS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The slide presentation for this call is available in the Investor Relations section on the Virtus website, www.virtus.com. On behalf of Virtus Investment Partners, I'd like to welcome you to the discussion of our operating and financial results for the first quarter of 2020.
Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-boutique asset management business, today announced that its Board of Directors has declared a quarterly cash dividend of $0.67 per common share for the second quarter of 2020.
The Board of Directors of Duff & Phelps Utility and Infrastructure Fund Inc. (NYSE: DPG), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows:
The Board of Directors of Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC), a closed-end fund advised by Duff & Phelps Investment Management Co., today announced that in light of ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders, directors and advisory and administrative personnel, the fund will be postponing its annual meeting of shareholders from Tuesday, March 24, 2020 to Tuesday, April 14, 2020, at 9:00 a.m., Central Time. The December 27, 2019 record date for determining shareholders entitled to vote remains unchanged.
Q1 2020 Virtus Investment Partners Inc Earnings Call
Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary long-term and total assets under management (AUM) as of March 31, 2020 of $89.5 billion and $90.7 billion (including $1.2 billion of liquidity assets), respectively. The decline in long-term AUM from December 31, 2019 reflected market depreciation and net outflows in mutual funds, institutional accounts, and exchange traded funds, partially offset by positive net flows in structured products and retail separate accounts.
Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC), a closed-end fund advised by Duff & Phelps Investment Management Co., today released its updated Notice of Annual Meeting of Shareholders. This action follows its March 17th announcement of the postponement of the Fund's annual meeting of shareholders from March 24, 2020 to April 14, 2020. This decision was made by the Fund's Board of Directors to mitigate potential risks to the health and safety of its shareholders, directors and advisory and administrative personnel.
Virtus Global Multi-Sector Income Fund (NYSE: VGI) previously announced the following monthly distribution on March 5, 2020:
Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) (the "Fund"), a closed-end fund advised by Duff & Phelps Investment Management Co., announced the preliminary results of voting at its annual meeting of shareholders today.
The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), a closed-end fund advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on its common stock as follows:
Virtus Investment Partners, Inc. (NASDAQ: VRTS), which operates a multi-manager asset management business, today announced that it will release its financial results for the first quarter of 2020 before the market opens on Friday, May 1, followed by a conference call with the investment community at 10:00 a.m. Eastern, hosted by George R. Aylward, president and chief executive officer, and Michael A. Angerthal, executive vice president and chief financial officer.
Small cap stocks are listed companies that have market capitalizations typically ranging from $300 million to $2 billion. Since the share prices of these companies can have big fluctuations over a short period of time, companies with market caps of up to $10 billion are also found in the small cap universe.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes? Let's find out.
Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported financial results for the three months ended March 31, 2020.
Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions:
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Virtus Investment Partners (VRTS) have what it takes? Let's find out.
Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced the following monthly distribution on March 5, 2020:
Shares of Virtus Investment (NASDAQ:VRTS) were unchanged in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share rose 21.61% year over year to $3.32, which beat the estimate of $3.10.Revenue of $144,566,000 higher by 10.59% from the same period last year, which beat the estimate of $120,440,000.Guidance Earnings guidance hasn't been issued by the company for now.Virtus Investment hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 01, 2020View more earnings on VRTSTime: 11:04 AM ETWebcast URL: https://edge.media-server.com/mmc/p/ybbykaj2Recent Stock Performance Company's 52-week high was at $141.7852-week low: $55.37Price action over last quarter: down 32.32%Company Description Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.See more from Benzinga * Recap: Berry Global Group Q2 Earnings * Recap: Magellan Midstream Q1 Earnings * Recap: Restaurant Brands Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.