Diamond Hill Investment Group, Inc. (DHIL) To Go Ex-Dividend on November 21st

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) announced a quarterly dividend on Thursday, October 30th. Stockholders of record on Friday, November 21st will be paid a dividend of 1.50 per share by the asset manager on Friday, December 5th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Friday, November 21st.

Diamond Hill Investment Group has decreased its dividend by an average of 0.1%per year over the last three years.

Diamond Hill Investment Group Trading Down 0.8%

Diamond Hill Investment Group stock opened at $126.66 on Wednesday. Diamond Hill Investment Group has a 12-month low of $122.32 and a 12-month high of $172.84. The firm has a 50-day moving average price of $136.65 and a 200-day moving average price of $141.77. The firm has a market capitalization of $342.62 million, a PE ratio of 7.20 and a beta of 0.84.

Diamond Hill Investment Group (NASDAQ:DHIL) last issued its quarterly earnings results on Thursday, October 30th. The asset manager reported $3.24 EPS for the quarter. The company had revenue of $37.40 million for the quarter. Diamond Hill Investment Group had a net margin of 31.71% and a return on equity of 21.38%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Weiss Ratings restated a “hold (c)” rating on shares of Diamond Hill Investment Group in a report on Wednesday, October 8th. Wall Street Zen downgraded Diamond Hill Investment Group from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

About Diamond Hill Investment Group

Diamond Hill Investment Group, Inc, through its subsidiary, Diamond Hill Capital Management, Inc, provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs.