Acadian Asset Management Inc. (NYSE:AAMI) to Issue Quarterly Dividend of $0.10

Acadian Asset Management Inc. (NYSE:AAMI) announced a quarterly dividend on Thursday, February 5th. Shareholders of record on Friday, March 13th will be paid a dividend of 0.10 per share on Friday, March 27th. This represents a c) annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, March 13th. This is a 900.0% increase from Acadian Asset Management’s previous quarterly dividend of $0.01.

Acadian Asset Management has decreased its dividend by an average of 0.3%annually over the last three years.

Acadian Asset Management Stock Up 4.3%

NYSE:AAMI opened at $50.61 on Friday. The stock’s 50 day moving average price is $50.02 and its two-hundred day moving average price is $47.35. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 21.35 and a beta of 1.31. Acadian Asset Management has a twelve month low of $22.60 and a twelve month high of $56.46.

Acadian Asset Management (NYSE:AAMI) last posted its quarterly earnings results on Thursday, February 5th. The company reported $1.32 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.06). The business had revenue of $169.70 million during the quarter. Acadian Asset Management had a net margin of 15.70% and a return on equity of 166.57%. As a group, analysts anticipate that Acadian Asset Management will post 2.78 earnings per share for the current year.

About Acadian Asset Management

Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.

The firm’s core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.