Roderick H. Dillon, Jr. Sells 26,787 Shares of Diamond Hill Investment Group Inc. (DHIL) Stock
Diamond Hill Investment Group Inc. (NASDAQ:DHIL) Director Roderick H. Dillon, Jr. sold 26,787 shares of the firm’s stock in a transaction dated Friday, November 18th. The shares were sold at an average price of $201.67, for a total value of $5,402,134.29. Following the sale, the director now owns 153,033 shares in the company, valued at $30,862,165.11. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Shares of Diamond Hill Investment Group Inc. (NASDAQ:DHIL) opened at 202.01 on Tuesday. Diamond Hill Investment Group Inc. has a one year low of $140.98 and a one year high of $231.85. The company’s 50 day moving average price is $183.59 and its 200 day moving average price is $186.75. The stock has a market capitalization of $647.24 million, a P/E ratio of 15.62 and a beta of 0.98.
The firm also recently declared a special dividend, which will be paid on Monday, December 12th. Stockholders of record on Friday, December 2nd will be issued a dividend of $6.00 per share. This is an increase from Diamond Hill Investment Group’s previous special dividend of $5.00. The ex-dividend date is Wednesday, November 30th.
About Diamond Hill Investment Group
Diamond Hill Investment Group, Inc provides investment advisory and fund administration services. The Company’s subsidiaries include Diamond Hill Capital Management, Inc (DHCM), Beacon Hill Fund Services, Inc (BHFS) and BHIL Distributors, Inc (BHIL). Its primary objective is to fulfill its fiduciary duty to clients.
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