Perella Weinberg Partners (PWP) To Go Ex-Dividend on November 24th

Perella Weinberg Partners (NASDAQ:PWP) announced a quarterly dividend on Thursday, October 29th. Investors of record on Tuesday, November 24th will be given a dividend of $0.07 per share on Tuesday, December 8th. This represents a $0.28 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Tuesday, November 24th.

Perella Weinberg Partners has a payout ratio of 17.8% indicating that its dividend is sufficiently covered by earnings.

Perella Weinberg Partners Trading Up 5.2%

PWP stock opened at $14.73 on Friday. The company’s 50 day moving average is $14.77 and its 200 day moving average is $17.43. The stock has a market cap of $1.39 billion, a price-to-earnings ratio of 37.77 and a beta of 1.63. Perella Weinberg Partners has a 1-year low of $12.13 and a 1-year high of $25.92.

Perella Weinberg Partners (NASDAQ:PWP) last released its earnings results on Thursday, October 29th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.22. Perella Weinberg Partners had a negative return on equity of 79.92% and a net margin of 4.35%. The business had revenue of $251.37 million for the quarter, compared to analysts’ expectations of $172.82 million.

Perella Weinberg Partners Company Profile

Perella Weinberg Partners (NASDAQ: PWP) is an independent investment banking and financial services firm that provides strategic and financial advice to corporations, financial institutions, governments, and other organizations. The firm focuses on complex, high-value transactions and situations that require specialized advice and senior-level expertise.

Its services include mergers and acquisitions, strategic transactions, financial restructurings, capital markets advisory, and private capital advisory.