Associated Capital Group, Inc. (NYSE:AC) Raises Dividend to $2.00 Per Share

Associated Capital Group, Inc. (NYSE:AC) announced a None dividend on Thursday, September 19th, Zacks reports. Stockholders of record on Monday, October 21st will be paid a dividend of 2.00 per share by the financial services provider on Monday, November 4th. The ex-dividend date of this dividend is Monday, October 21st. This is an increase from Associated Capital Group’s previous None dividend of $0.10.

Associated Capital Group Stock Performance

Shares of NYSE:AC opened at $34.56 on Friday. The company has a market cap of $739.62 million, a P/E ratio of 22.30 and a beta of 0.88. Associated Capital Group has a one year low of $28.58 and a one year high of $37.21. The business’s 50-day simple moving average is $32.94 and its 200 day simple moving average is $33.02.

Associated Capital Group (NYSE:AC) last posted its earnings results on Wednesday, August 7th. The financial services provider reported $0.14 EPS for the quarter. The business had revenue of $2.60 million for the quarter. Associated Capital Group had a net margin of 246.48% and a return on equity of 3.65%.

Associated Capital Group Company Profile

Associated Capital Group, Inc, together with its subsidiaries, provides investment advisory services in the United States. The company offers alternative investment management services; and operates a direct investment business. It also invests in new and existing businesses. The company was founded in 1976 and is headquartered in Greenwich, Connecticut.