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Silvercrest Asset Management Group Inc. Announces Quarterly Dividend

Silvercrest Asset Management Group (NASDAQ: SAMG) declared a quarterly dividend of $0.16 per share of Class A common stock on February 10, 2021.

(Neutral)

Sentiment and the balance of points

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dividends

Rhea-AI Summary

Silvercrest Asset Management Group (NASDAQ: SAMG) declared a quarterly dividend of $0.16 per share of Class A common stock on February 10, 2021. This dividend will be paid on or around March 19, 2021 to shareholders of record by the close of business on March 12, 2021. As of September 30, 2020, Silvercrest reported assets under management totaling $24.4 billion, reflecting the firm’s solid financial standing and commitment to returning value to its shareholders.

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Positive

  • Quarterly dividend of $0.16 per share declared, signaling confidence in financial health.
  • Assets under management reported at $24.4 billion as of September 30, 2020.

Negative

  • None.
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-1.88% session move Open Argus
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News Market Reaction – SAMG

The recorded move for SAMG in the trading session of this news was -1.88%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the "Company") today announced that its board of directors declared a quarterly dividend of $0.16 per share of Class A common stock on February 10, 2021.  The dividend will be paid on or about March 19, 2021 to shareholders of record as of the close of business on March 12, 2021.

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, 2020, the firm reported assets under management of $24.4 billion.    

 

Cision View original content:http://www.prnewswire.com/news-releases/silvercrest-asset-management-group-inc-announces-quarterly-dividend-301227633.html

SOURCE Silvercrest Asset Management Group Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for SAMG announced on February 10, 2021?

Silvercrest Asset Management Group announced a dividend of $0.16 per share.

When will the dividend for SAMG be paid?

The dividend will be paid on or about March 19, 2021.

What is the record date for SAMG's dividend payment?

The record date for the dividend payment is March 12, 2021.

How much assets under management does Silvercrest have?

As of September 30, 2020, Silvercrest reported assets under management of $24.4 billion.

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