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

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

Associated Capital Group Stock Performance

AC opened at $34.56 on Friday. The firm’s fifty day moving average is $32.94 and its two-hundred day moving average is $33.02. The firm has a market cap of $739.62 million, a PE ratio of 22.30 and a beta of 0.88. Associated Capital Group has a twelve month low of $28.58 and a twelve month high of $37.21.

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

About Associated Capital Group

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.