Perella Weinberg Partners (NASDAQ:PWP – Get Free Report) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, August 28th will be paid a dividend of 0.07 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Friday, August 28th.
Perella Weinberg Partners has a dividend payout ratio of 17.8% meaning its dividend is sufficiently covered by earnings.
Perella Weinberg Partners Trading Up 18.4%
Shares of Perella Weinberg Partners stock traded up $2.74 during trading hours on Friday, reaching $17.65. The stock had a trading volume of 3,476,618 shares, compared to its average volume of 1,138,666. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 73.54 and a beta of 1.65. Perella Weinberg Partners has a 1 year low of $14.11 and a 1 year high of $25.92. The firm has a 50 day simple moving average of $16.07 and a two-hundred day simple moving average of $18.47.
About Perella Weinberg Partners
Perella Weinberg Partners L.P. is a global, partner-led advisory firm specializing in strategic and financial counsel. Founded in 2006 by Joseph R. Perella and Peter Weinberg—both veterans of leading Wall Street institutions—the firm delivers independent advice on mergers and acquisitions, financing, restructuring and capital markets. As an independent entity, it emphasizes senior banker involvement throughout every transaction, ensuring clients benefit from depth of experience and continuity of service.
The firm’s core offerings encompass M&A advisory, debt and equity financing, corporate restructuring and capital markets solutions.
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