Associated Capital Group Inc (AC) to Issue None Dividend of $0.10 on January 10th

Associated Capital Group Inc (NYSE:AC) announced a None dividend on Monday, November 6th, Zacks reports. Shareholders of record on Wednesday, December 27th will be given a dividend of 0.10 per share by the financial services provider on Wednesday, January 10th. This represents a yield of 0.58%. The ex-dividend date is Tuesday, December 26th.

Associated Capital Group (NYSE:AC) opened at $34.05 on Thursday. Associated Capital Group has a 52-week low of $32.20 and a 52-week high of $39.35. The stock has a market capitalization of $822.39, a P/E ratio of 75.43 and a beta of 0.83.

An institutional investor recently raised its position in Associated Capital Group stock. The Manufacturers Life Insurance Company raised its position in Associated Capital Group Inc (NYSE:AC) by 70.8% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 5,495 shares of the financial services provider’s stock after purchasing an additional 2,278 shares during the period. The Manufacturers Life Insurance Company ‘s holdings in Associated Capital Group were worth $187,000 at the end of the most recent quarter. Institutional investors own 13.87% of the company’s stock.

Separately, Canaccord Genuity reiterated a “buy” rating and set a $33.00 target price on shares of Associated Capital Group in a research report on Monday, October 23rd.

COPYRIGHT VIOLATION NOTICE: This piece was posted by Community Financial News and is the sole property of of Community Financial News. If you are viewing this piece on another domain, it was stolen and reposted in violation of international trademark & copyright laws. The correct version of this piece can be viewed at

Associated Capital Group Company Profile

Associated Capital Group, Inc is a parent operating company for the spin-off of GAMCO Investors, Inc’s (GAMCO’s) alternative investment management business, institutional research services operations and certain cash and other assets. The Company, through its subsidiaries, provides alternative investment management services and institutional research services, as well as management of its investment portfolio.

Receive News & Ratings for Associated Capital Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Associated Capital Group and related companies with's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit