Silvercrest Asset Management Group Inc (NASDAQ:SAMG) Plans Dividend Increase – $0.15 Per Share

Silvercrest Asset Management Group Inc (NASDAQ:SAMG) declared a dividend on Monday, October 28th, Fidelity reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.15 per share by the asset manager on Friday, December 20th. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from Silvercrest Asset Management Group’s previous dividend of $0.12.

SAMG traded up $0.24 during midday trading on Tuesday, reaching $12.72. 259 shares of the company were exchanged, compared to its average volume of 9,592. Silvercrest Asset Management Group has a one year low of $11.61 and a one year high of $16.05. The stock has a market capitalization of $178.93 million, a P/E ratio of 9.73 and a beta of 0.58. The stock’s 50-day simple moving average is $12.67 and its 200 day simple moving average is $13.21.

Silvercrest Asset Management Group (NASDAQ:SAMG) last issued its earnings results on Thursday, October 31st. The asset manager reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.06. Silvercrest Asset Management Group had a return on equity of 16.39% and a net margin of 9.20%. The firm had revenue of $27.85 million for the quarter.

Silvercrest Asset Management Group Company Profile

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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Dividend History for Silvercrest Asset Management Group (NASDAQ:SAMG)

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