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Vinci Partners Investments Ltd. (NASDAQ:VINP) ("Vinci Partners", "we", "us" or "our"), the controlling company of a leading alternative investment platform in Brazil, has declared a quarterly dividend of US$0.20 per share to record holders of common stock at the close of business on August 24, 2023. This dividend will be paid on September 08, 2023.
Alessandro Horta, Chief Executive Officer stated, "Our second quarter 2023 results resonate the growth seen across the platform over the last twelve months. Vinci declared a quarterly dividend of US$0.20 per share and Adjusted Distributable Earnings of R$70.4 million, or R$1.30 per share in the quarter, an increase of 18% in our cash earnings per share year-over-year. As we enter a new easing cycle for interest rates, momentum is appealing for all our strategies. Vinci is very well positioned to take the most out of the market opportunity and we could not be more excited about the future ahead."
Posted In: VINP