Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) declared a dividend on Tuesday, October 29th, Fidelity reports. Stockholders of record on Monday, December 2nd will be given a dividend of 9.00 per share by the asset manager on Tuesday, December 10th. The ex-dividend date is Friday, November 29th. This is a positive change from Diamond Hill Investment Group’s previous dividend of $8.00.
Shares of Diamond Hill Investment Group stock traded down $1.45 during trading on Wednesday, hitting $144.51. The stock had a trading volume of 4,837 shares, compared to its average volume of 19,495. The stock has a 50 day simple moving average of $140.47 and a 200 day simple moving average of $138.59. The company has a market capitalization of $491.72 million, a PE ratio of 12.79 and a beta of 0.55. Diamond Hill Investment Group has a 1 year low of $124.57 and a 1 year high of $176.90.
Several research analysts have recently weighed in on DHIL shares. BidaskClub downgraded shares of Diamond Hill Investment Group from a “buy” rating to a “hold” rating in a research report on Thursday, November 21st. ValuEngine raised shares of Diamond Hill Investment Group from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.
About Diamond Hill Investment Group
Diamond Hill Investment Group, Inc, together with its subsidiaries, provides investment advisory and fund administration services in the United States. It sponsors, distributes, and offers investment advisory and related services to a range of clients, such as corporations, mutual funds, retirement plans, public pension funds, endowments, foundations, financial institutions, and high net worth individuals.
See Also: Book Value Per Share in Stock Trading
Receive News & Ratings for Diamond Hill Investment Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diamond Hill Investment Group and related companies with MarketBeat.com's FREE daily email newsletter.