Silvercrest Asset Management Group Inc. Announces Quarterly Dividend
Rhea-AI Summary
Silvercrest Asset Management Group (NASDAQ: SAMG) has announced a quarterly dividend declaration of $0.20 per share of Class A common stock. The dividend was declared by the board of directors on January 29, 2025. Shareholders who are on record as of the market close on March 14, 2025, will receive the dividend payment around March 21, 2025.
AI-generated analysis. Not financial advice.
Positive
- Consistent dividend payment maintained at $0.20 per share
- Company demonstrates ability to return capital to shareholders
Negative
- None.
News Market Reaction – SAMG
On the day this news was published, SAMG declined 1.07%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the “Company”) today announced that its board of directors declared a quarterly dividend of
About Silvercrest
Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Virginia, New Jersey, California and Wisconsin, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. As of September 30, 2024, the firm reported assets under management of
Investor Relations Contact:
Richard R. Hough III
212-649-0601
rhough@silvercrestgroup.com