Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) declared a quarterly dividend on Friday, August 4th, Zacks reports. Shareholders of record on Friday, September 15th will be given a dividend of 0.12 per share by the asset manager on Friday, September 22nd. This represents a $0.48 annualized dividend and a yield of 3.64%. The ex-dividend date of this dividend is Thursday, September 14th.

Silvercrest Asset Management Group (NASDAQ:SAMG) traded up 3.53% on Friday, reaching $13.20. 9,696 shares of the company’s stock traded hands. Silvercrest Asset Management Group has a 12-month low of $11.07 and a 12-month high of $14.95. The stock has a market cap of $107.01 million, a price-to-earnings ratio of 16.92 and a beta of 1.27. The stock has a 50 day moving average price of $12.55 and a 200 day moving average price of $13.06.

Silvercrest Asset Management Group (NASDAQ:SAMG) last released its quarterly earnings data on Thursday, August 3rd. The asset manager reported $0.23 EPS for the quarter, beating the consensus estimate of $0.22 by $0.01. The business had revenue of $22.09 million for the quarter. Silvercrest Asset Management Group had a net margin of 7.38% and a return on equity of 17.17%. Analysts forecast that Silvercrest Asset Management Group will post $0.90 EPS for the current year.

A hedge fund recently raised its stake in Silvercrest Asset Management Group stock. State Street Corp boosted its stake in shares of Silvercrest Asset Management Group Inc. (NASDAQ:SAMG) by 13.1% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 80,820 shares of the asset manager’s stock after acquiring an additional 9,354 shares during the period. State Street Corp owned about 1.00% of Silvercrest Asset Management Group worth $1,086,000 at the end of the most recent quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

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About Silvercrest Asset Management Group

Silvercrest Asset Management Group Inc (Silvercrest) is a full-service wealth management firm focused on providing financial advisory and related family office services to ultra-high net worth individuals and institutional investors. The Company offers a suite of family office services for families seeking oversight of financial affairs.

Dividend History for Silvercrest Asset Management Group (NASDAQ:SAMG)

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