Acadian Asset Management Inc. (NYSE:AAMI – Get Free Report) announced a quarterly dividend on Thursday, April 30th. Investors of record on Friday, June 12th will be paid a dividend of 0.10 per share on Friday, June 26th. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Friday, June 12th.
Acadian Asset Management has decreased its dividend by an average of 0.2%annually over the last three years.
Acadian Asset Management Stock Down 1.5%
AAMI traded down $0.99 during trading hours on Friday, reaching $66.36. 39,226 shares of the company’s stock traded hands, compared to its average volume of 286,566. The firm has a 50-day moving average price of $57.36 and a 200 day moving average price of $51.67. The firm has a market capitalization of $2.37 billion, a PE ratio of 30.01 and a beta of 1.26. Acadian Asset Management has a 52-week low of $27.35 and a 52-week high of $69.87.
About Acadian Asset Management
Acadian Asset Management is a global investment management firm specializing in quantitative research and systematic strategies. Since its founding in 1986, the firm has developed data-driven models designed to identify and capture investment opportunities across equity and fixed income markets. By integrating advanced analytics, proprietary risk management tools and a disciplined investment process, Acadian seeks to deliver consistent performance for institutional clients.
The firm’s core offerings include institutional equity portfolios, fixed income strategies and multi-asset solutions.
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