Victory Capital Holdings Inc (Symbol: VCTR) will trade ex-dividend on December 9, 2024, for a quarterly dividend of $0.44. The dividend represents approximately 0.65% of VCTR’s recent stock price of $67.40 and is scheduled to be payable on December 23, 2024. As a result, shares are expected to open approximately 0.65% lower on the ex-dividend date.
In the past year, VCTR shares have fluctuated significantly, with a low of $32.41 and a high of $73.42. The current dividend yield is estimated at 2.61% on an annualized basis, raising questions about its sustainability based on historical performance. As of the latest trading day, VCTR shares are down about 2.7%.
