Westwood Holdings Group Inc (NYSE:WHG) to Issue $0.15 Quarterly Dividend

Westwood Holdings Group Inc (NYSE:WHG) declared a quarterly dividend on Thursday, August 6th. Shareholders of record on Tuesday, September 1st will be given a dividend of 0.15 per share by the asset manager on Thursday, October 1st. This represents a c) annualized dividend and a yield of 3.1%. The ex-dividend date of this dividend is Tuesday, September 1st.

Westwood Holdings Group has increased its dividend by an average of 0.1%annually over the last three years.

Westwood Holdings Group Price Performance

Westwood Holdings Group stock opened at $19.33 on Friday. The stock’s 50 day moving average price is $18.74 and its 200 day moving average price is $17.40. Westwood Holdings Group has a 1-year low of $14.70 and a 1-year high of $20.97. The company has a market cap of $183.44 million, a PE ratio of 23.29 and a beta of 0.56.

Westwood Holdings Group (NYSE:WHG) last released its quarterly earnings data on Thursday, August 6th. The asset manager reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $25.34 million during the quarter. Westwood Holdings Group had a return on equity of 8.34% and a net margin of 7.40%.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc is an independent, publicly traded asset management firm founded in 1983 and headquartered in Kansas City, Missouri. Through its wholly owned subsidiaries, the company offers a range of investment advisory services tailored to institutional, retail, and high-net-worth clients. Westwood’s disciplined, value-oriented approach guides its research process across equity and fixed-income markets, with an emphasis on fundamental analysis and long-term risk management.

The firm’s product lineup includes U.S.