Westwood Holdings Group Inc (WHG) To Go Ex-Dividend on December 1st

Westwood Holdings Group Inc (NYSE:WHG) announced a quarterly dividend on Thursday, November 5th. Shareholders of record on Tuesday, December 1st will be paid a dividend of $0.15 per share by the asset manager on Monday, January 4th. This represents a $0.60 annualized dividend and a yield of 3.2%. The ex-dividend date is Tuesday, December 1st.

Westwood Holdings Group has raised its dividend payment by an average of 0.1% per year over the last three years.

Westwood Holdings Group Stock Performance

WHG stock opened at $18.62 on Friday. Westwood Holdings Group has a fifty-two week low of $14.70 and a fifty-two week high of $20.97. The company has a market cap of $176.75 million, a P/E ratio of 16.70 and a beta of 0.57. The stock’s 50 day simple moving average is $18.91 and its 200 day simple moving average is $17.92.

Westwood Holdings Group (NYSE:WHG) last released its earnings results on Thursday, November 5th. The asset manager reported $0.48 EPS for the quarter. The firm had revenue of $26.57 million for the quarter. Westwood Holdings Group had a net margin of 7.73% and a return on equity of 8.10%.

About Westwood Holdings Group

Westwood Holdings Group, Inc is an investment management firm headquartered in Dallas, Texas. Through its subsidiaries, the company provides investment advisory and asset management services to institutional investors, private wealth clients, family offices and investment vehicles.

Westwood manages a range of investment strategies, including equity, income, multi-asset and alternative offerings. Its products and services are designed to address the needs of pension plans, endowments, foundations, corporations, high-net-worth individuals and other investors seeking professionally managed portfolios.

Founded in 1983, Westwood serves clients primarily in the United States and has expanded its capabilities through internal investment teams and strategic acquisitions.