Associated Capital Group, Inc. Declares Semi-annual Dividend of $0.10 (NYSE:AC)

Associated Capital Group, Inc. (NYSE:AC) declared a semi-annual dividend on Friday, May 9th, Wall Street Journal reports. Investors of record on Thursday, June 12th will be given a dividend of 0.10 per share by the financial services provider on Thursday, June 26th. This represents a yield of 0.6%. The ex-dividend date of this dividend is Thursday, June 12th.

Associated Capital Group Stock Performance

Shares of AC opened at $36.17 on Friday. The stock has a market capitalization of $765.07 million, a P/E ratio of 17.47 and a beta of 0.61. Associated Capital Group has a 1 year low of $28.58 and a 1 year high of $43.85. The company’s fifty day moving average is $35.37 and its two-hundred day moving average is $35.98.

Associated Capital Group (NYSE:AC) last posted its quarterly earnings results on Thursday, May 8th. The financial services provider reported $0.36 earnings per share (EPS) for the quarter. Associated Capital Group had a net margin of 336.45% and a return on equity of 4.88%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com raised Associated Capital Group from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.

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.