Associated Capital Group, Inc. (NYSE:AC) to Issue None Dividend of $2.00

Associated Capital Group, Inc. (NYSE:AC) announced a None dividend on Thursday, September 19th, Zacks reports. Investors 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 Up 5.7 %

Shares of NYSE AC opened at $43.10 on Friday. The stock’s 50-day simple moving average is $34.32 and its two-hundred day simple moving average is $33.48. Associated Capital Group has a twelve month low of $28.58 and a twelve month high of $43.85. The firm has a market capitalization of $922.38 million, a P/E ratio of 27.81 and a beta of 0.88.

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

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.