Westwood Holdings Group Inc (NYSE:WHG) Plans Quarterly Dividend of $0.15

Westwood Holdings Group Inc (NYSE:WHG) announced a quarterly dividend on Thursday, November 5th. Investors of record on Tuesday, December 1st will be paid a dividend of $0.15 per share by the asset manager on Monday, January 4th. This represents a $0.60 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, December 1st.

Westwood Holdings Group has increased its dividend by an average of 0.1% per year over the last three years.

Westwood Holdings Group Stock Performance

NYSE:WHG opened at $18.62 on Friday. The company has a market capitalization of $176.75 million, a PE ratio of 21.17 and a beta of 0.57. The company has a 50 day simple moving average of $18.94 and a two-hundred day simple moving average of $17.91. Westwood Holdings Group has a fifty-two week low of $14.70 and a fifty-two week high of $20.97.

Westwood Holdings Group (NYSE:WHG) last announced its earnings results on Thursday, November 5th. The asset manager reported $0.48 EPS for the quarter. Westwood Holdings Group had a return on equity of 8.10% and a net margin of 7.73%. The company had revenue of $26.57 million for the quarter.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc is an investment management firm headquartered in Dallas, Texas. Through its subsidiaries, the company provides investment advisory and asset management services to institutional investors, private wealth clients, family offices and investment vehicles.

Westwood manages a range of investment strategies, including equity, income, multi-asset and alternative offerings. Its products and services are designed to address the needs of pension plans, endowments, foundations, corporations, high-net-worth individuals and other investors seeking professionally managed portfolios.

Founded in 1983, Westwood serves clients primarily in the United States and has expanded its capabilities through internal investment teams and strategic acquisitions.