Acadian Asset Management Inc. (NYSE:AAMI) Plans Quarterly Dividend of $0.01

Acadian Asset Management Inc. (NYSE:AAMI) declared a quarterly dividend on Friday, February 7th,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.01 per share on Friday, March 28th. This represents a $0.04 annualized dividend and a yield of 0.16%. The ex-dividend date is Friday, March 14th.

Acadian Asset Management Stock Performance

NYSE AAMI traded down $0.02 during trading hours on Friday, hitting $25.18. The company’s stock had a trading volume of 131,836 shares, compared to its average volume of 161,564. Acadian Asset Management has a 52 week low of $20.28 and a 52 week high of $31.52. The stock has a market cap of $939.72 million, a price-to-earnings ratio of 15.26 and a beta of 1.46.

Acadian Asset Management (NYSE:AAMI) last announced its quarterly earnings results on Thursday, February 6th. The company reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.27. Acadian Asset Management had a net margin of 13.92% and a return on equity of 7,606.72%. On average, sell-side analysts predict that Acadian Asset Management will post 2.49 EPS for the current year.

About Acadian Asset Management

Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.