Acadian Asset Management Inc. Announces Quarterly Dividend of $0.01 (NYSE:AAMI)

Acadian Asset Management Inc. (NYSE:AAMI) declared a quarterly dividend on Friday, February 7th,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.01 per share on Friday, March 28th. This represents a $0.04 annualized dividend and a dividend yield of 0.16%. The ex-dividend date is Friday, March 14th.

Acadian Asset Management Trading Up 0.2 %

NYSE AAMI opened at $25.25 on Friday. The stock has a market capitalization of $942.33 million, a PE ratio of 11.27 and a beta of 1.46. Acadian Asset Management has a 12 month low of $20.28 and a 12 month high of $31.52.

Acadian Asset Management (NYSE:AAMI) last issued its earnings results on Thursday, February 6th. The company reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.27. Acadian Asset Management had a return on equity of 1,000.27% and a net margin of 16.81%. As a group, equities research analysts anticipate that Acadian Asset Management will post 2.62 earnings per share for the current year.

About Acadian Asset Management

Acadian Asset Management Inc is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries. The firm also launches equity mutual funds for its clients. It invests in public equity, fixed income, and alternative investment markets through its subsidiaries.