DigitalBridge Group, Inc. (DBRG) to Issue Quarterly Dividend of $0.01 on October 15th

DigitalBridge Group, Inc. (NYSE:DBRG) announced a quarterly dividend on Monday, August 3rd. Investors of record on Wednesday, September 30th will be given a dividend of $0.01 per share on Thursday, October 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Wednesday, September 30th.

DigitalBridge Group has decreased its dividend by an average of 0.4%per year over the last three years. DigitalBridge Group has a payout ratio of 12.5% indicating that its dividend is sufficiently covered by earnings.

DigitalBridge Group Stock Up 0.0%

DBRG stock opened at $15.98 on Monday. DigitalBridge Group has a twelve month low of $8.94 and a twelve month high of $16.00. The company has a market cap of $3.00 billion, a PE ratio of 10.38 and a beta of 1.47. The business’s 50-day simple moving average is $15.91 and its 200 day simple moving average is $15.72.

DigitalBridge Group Company Profile

DigitalBridge Group, Inc (NYSE: DBRG) is an investment management firm focused on digital infrastructure. Through its investment management platform, the company invests in and manages assets that support the digital economy, including data centers, wireless infrastructure, fiber networks, small-cell systems and edge infrastructure.

DigitalBridge serves infrastructure owners, technology companies, communications providers and other institutional investors by providing investment management and asset management services.