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Stock impact report

Virtu Financial (NYSE:VIRT) Has Affirmed Its Dividend Of $0.24 [Yahoo! Finance]

Virtu Financial, Inc. Class A (VIRT) 
Last virtu financial, inc. class a earnings: 2/11 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
This means that the annual payment will be 2.3% of the current stock price, which is in line with the average for the industry. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Solid dividend yields are great, but they only really help us if the payment is sustainable. Before making this announcement, Virtu Financial was easily earning enough to cover the dividend. As a result, a large proportion of what it earned was being reinvested back into the business. Over the next year, EPS is forecast to fall by 43.5%. If the dividend continues along recent trends, we estimate the payout ratio could be 31%, which we consider to be quite comfortable, with most of the company's earnings left over to grow the business in the future. View our latest analysis for Virtu Financial The company has a sustained record of paying dividends with very little fluctuation. The last annual payment of $0.96 was flat on the annual Show less Read more
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