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 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 stock opened at $43.10 on Friday. The firm has a market cap of $922.38 million, a P/E ratio of 27.81 and a beta of 0.88. The firm’s fifty day moving average is $34.32 and its 200 day moving average is $33.48. Associated Capital Group has a 52 week low of $28.58 and a 52 week high of $43.85.

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

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.