Silvercrest Asset Management Group Inc. Announces Quarterly Dividend
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced a quarterly dividend of $0.17 per share of Class A common stock, declared on February 8, 2022.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced a quarterly dividend of $0.17 per share of Class A common stock, declared on February 8, 2022. The dividend will be distributed on or about March 18, 2022 to shareholders recorded as of the close of business on March 11, 2022. As of September 30, 2021, Silvercrest managed $31.0 billion in assets, delivering investment advisory services to wealthy families and select institutions.
Positive
- Quarterly dividend of $0.17 per share indicates company confidence.
- Assets under management of $31.0 billion as of September 30, 2021 demonstrate strong financial position.
Negative
- None.
Details
News Market Reaction – SAMG
The recorded move for SAMG in the trading session of this news was -0.84%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Feb. 08, 2022 (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, 2021, the firm reported assets under management of
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