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Silvercrest Asset Management Group Inc. Announces Quarterly Dividend

Silvercrest Asset Management Group (NASDAQ: SAMG) declared a quarterly dividend of $0.18 per share on February 14, 2023.

(Neutral)

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.

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dividends

Rhea-AI Summary

Silvercrest Asset Management Group (NASDAQ: SAMG) declared a quarterly dividend of $0.18 per share on February 14, 2023. This dividend will be paid to shareholders of record as of the close of business on March 10, 2023, with a payment date on or about March 17, 2023. Founded in April 2002, Silvercrest is an independent, employee-owned registered investment adviser with approximately $27.4 billion in assets under management as of September 30, 2022. The firm operates multiple offices across the U.S., providing investment advisory and family office services to wealthy families and select institutional investors.

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Positive

  • Declared quarterly dividend of $0.18 per share, indicating financial confidence.
  • Maintained a significant asset base of $27.4 billion as of September 30, 2022.

Negative

  • None.
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-0.10% 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 -0.10%.

Data tracked by StockTitan Argus. Session date unavailable.

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NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the “Company”) today announced that its board of directors declared a quarterly dividend of $0.18 per share of Class A common stock on February 14, 2023. The dividend will be paid on or about March 17, 2023 to shareholders of record as of the close of business on March 10, 2023.

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, 2022, the firm reported assets under management of $27.4 billion.

Investor Relations Contact:

Richard R. Hough III
212-649-0601
rhough@silvercrestgroup.com                                          


FAQ

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

What is the dividend amount declared by Silvercrest Asset Management Group (SAMG)?

Silvercrest Asset Management Group declared a quarterly dividend of $0.18 per share.

When will the dividend for SAMG be paid?

The dividend will be paid on or about March 17, 2023.

What is the record date for the dividend payment of SAMG?

The record date for the dividend payment is March 10, 2023.

What are the assets under management for Silvercrest as of September 30, 2022?

As of September 30, 2022, Silvercrest reported assets under management of $27.4 billion.

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