Silvercrest Asset Management Group Inc (NASDAQ:SAMG) Increases Dividend to $0.15 Per Share

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Silvercrest Asset Management Group Inc (NASDAQ:SAMG) declared a dividend on Monday, October 28th, Fidelity reports. Investors of record on Friday, December 13th will be given 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 boost from Silvercrest Asset Management Group’s previous dividend of $0.12.

Shares of NASDAQ SAMG traded up $0.26 during mid-day trading on Tuesday, reaching $12.74. 5,341 shares of the company traded hands, compared to its average volume of 9,592. Silvercrest Asset Management Group has a fifty-two week low of $11.61 and a fifty-two week high of $16.05. The firm has a market cap of $178.93 million, a PE ratio of 9.73 and a beta of 0.58. The stock has a fifty day simple moving average of $12.67 and a 200-day simple moving average of $13.21.

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

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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