Why Is Virtu Financial's Dividend So High?
Virtu Financial (NASDAQ: VIRT) is a stock that flies under the radar for many investors. But income investors in particular might want to take notice of its high dividend yield. The company pays out one of the higher yields in the sector at 4.7%.
Why is Virtu's yield so high, and is this a dividend stock to consider? Let's examine it.
Virtu Financial is a high-frequency trader that generates most of its money from market-making services.
Source Fool.com