Westwood Holdings Group, Inc. (NYSE:WHG - Get Free Report) declared a quarterly dividend on Wednesday, February 12th,Wall Street Journal reports. Shareholders of record on Monday, March 3rd will be given a dividend of 0.15 per share by the asset manager on Tuesday, April 1st. This represents a $0.60 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date is Monday, March 3rd.
Westwood Holdings Group has raised its dividend payment by an average of 10.1% annually over the last three years.
Westwood Holdings Group Trading Up 0.4 %
Westwood Holdings Group stock traded up $0.06 during midday trading on Monday, reaching $16.81. 10,736 shares of the stock traded hands, compared to its average volume of 11,197. The firm has a fifty day moving average price of $15.17 and a two-hundred day moving average price of $14.58. The firm has a market cap of $155.83 million, a price-to-earnings ratio of 50.94 and a beta of 1.13. Westwood Holdings Group has a fifty-two week low of $11.01 and a fifty-two week high of $18.03.
Westwood Holdings Group (NYSE:WHG - Get Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The asset manager reported $0.35 earnings per share for the quarter. Westwood Holdings Group had a net margin of 2.92% and a return on equity of 3.27%.
Analyst Ratings Changes
Separately, StockNews.com raised shares of Westwood Holdings Group from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th.
Read Our Latest Research Report on WHG
Westwood Holdings Group Company Profile
(
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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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