Silvercrest Asset Management Group Inc (SAMG) to Issue Quarterly Dividend of $0.15
Silvercrest Asset Management Group Inc (NASDAQ:SAMG) declared a quarterly dividend on Friday, February 15th, Wall Street Journal reports. Investors of record on Friday, March 8th will be given a dividend of 0.15 per share by the asset manager on Friday, March 15th. This represents a $0.60 dividend on an annualized basis and a yield of 3.92%. The ex-dividend date of this dividend is Thursday, March 7th. This is a positive change from Silvercrest Asset Management Group’s previous quarterly dividend of $0.14.
Silvercrest Asset Management Group has raised its dividend payment by an average of 5.3% per year over the last three years.
SAMG stock opened at $15.31 on Friday. Silvercrest Asset Management Group has a fifty-two week low of $12.00 and a fifty-two week high of $18.26. The company has a market cap of $205.94 million, a P/E ratio of 13.45 and a beta of 0.51.
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Silvercrest Asset Management Group Inc, a wealth management firm, provides financial advisory and related family office services in the United States. The company serves ultra-high net worth individuals and families, as well as their trusts; endowments; foundations; and other institutional investors.
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