Westwood Holdings Group, Inc. (NYSE:WHG - Get Free Report) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.15 per share by the asset manager on Friday, January 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 4.07%. The ex-dividend date of this dividend is Monday, December 2nd.
Westwood Holdings Group has increased its dividend payment by an average of 11.7% per year over the last three years.
Westwood Holdings Group Stock Performance
NYSE:WHG traded down $0.87 on Friday, hitting $14.75. 21,062 shares of the stock were exchanged, compared to its average volume of 11,653. The stock has a market capitalization of $137.03 million, a price-to-earnings ratio of 47.06 and a beta of 1.15. Westwood Holdings Group has a 52 week low of $9.17 and a 52 week high of $18.03. The company's 50-day moving average price is $14.08 and its 200 day moving average price is $13.03.
Westwood Holdings Group (NYSE:WHG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 31st. The asset manager reported ($0.18) earnings per share for the quarter. Westwood Holdings Group had a return on equity of 3.26% and a net margin of 2.92%. The business had revenue of $22.69 million for the quarter.
Analyst Upgrades and Downgrades
Separately, StockNews.com assumed coverage on Westwood Holdings Group in a research note on Tuesday. They issued a "hold" rating on the stock.
Check Out Our Latest Research Report on Westwood Holdings Group
About Westwood Holdings Group
(
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Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.
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