Diamond Hill Investment Group, Inc. (DHIL) to Issue Quarterly Dividend of $1.50 on December 6th

Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) declared a quarterly dividend on Monday, November 4th, Zacks reports. Stockholders of record on Friday, November 22nd will be given a dividend of 1.50 per share by the asset manager on Friday, December 6th. This represents a $6.00 annualized dividend and a dividend yield of 3.59%. The ex-dividend date is Friday, November 22nd.

Diamond Hill Investment Group Stock Up 7.0 %

DHIL traded up $10.93 during trading on Wednesday, hitting $167.00. 9,151 shares of the company traded hands, compared to its average volume of 17,075. The firm has a market cap of $459.42 million, a P/E ratio of 9.36 and a beta of 1.00. The stock’s fifty day moving average is $156.46 and its 200 day moving average is $152.86. Diamond Hill Investment Group has a one year low of $135.44 and a one year high of $173.98.

Insider Transactions at Diamond Hill Investment Group

In related news, Director L’quentus Thomas sold 250 shares of the business’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $161.64, for a total transaction of $40,410.00. Following the completion of the transaction, the director now owns 1,858 shares of the company’s stock, valued at approximately $300,327.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Diamond Hill Investment Group news, Director James F. Laird, Jr. sold 3,000 shares of Diamond Hill Investment Group stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $150.20, for a total transaction of $450,600.00. Following the completion of the sale, the director now directly owns 25,000 shares in the company, valued at $3,755,000. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director L’quentus Thomas sold 250 shares of the stock in a transaction on Monday, September 23rd. The shares were sold at an average price of $161.64, for a total value of $40,410.00. Following the completion of the transaction, the director now directly owns 1,858 shares in the company, valued at approximately $300,327.12. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.80% of the company’s stock.

Diamond Hill Investment Group Company Profile

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.