Victory Capital raises quarterly dividend 7% to 44c per share
The Fly

Victory Capital raises quarterly dividend 7% to 44c per share

“Cash on the balance sheet was $188 million, up $69 million from the end of the second quarter. Our net leverage ratio declined to 1.7x due to growth in Adjusted EBITDA and our increased cash position. Additionally, the Board authorized another 7% increase in our quarterly cash dividend from $0.41 to $0.44 per share, which will be paid in December,” said CEO David Brown.

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