Silvercrest Asset Management Group Inc. Announces Quarterly Dividend

Rhea-AI Summary

Silvercrest Asset Management Group Inc. (NASDAQ: SAMG) announced a quarterly dividend of $0.17 per share of Class A common stock, declared on February 8, 2022. The dividend will be distributed on or about March 18, 2022 to shareholders recorded as of the close of business on March 11, 2022. As of September 30, 2021, Silvercrest managed $31.0 billion in assets, delivering investment advisory services to wealthy families and select institutions.

Positive

• Quarterly dividend of $0.17 per share indicates company confidence.
• Assets under management of $31.0 billion as of September 30, 2021 demonstrate strong financial position.

Negative

• None.

NEW YORK, Feb. 08, 2022 (GLOBE NEWSWIRE) -- Silvercrest Asset Management Group Inc. (NASDAQ: SAMG), (the “Company”) today announced that its board of directors declared a quarterly dividend of $0.17 per share of Class A common stock on February 8, 2022. The dividend will be paid on or about March 18, 2022 to shareholders of record as of the close of business on March 11, 2022.

About Silvercrest
Silvercrest was founded in April 2002 as an independent, employee-owned registered investment adviser. With offices in New York, Boston, Virginia, New Jersey, California and Wisconsin, Silvercrest provides traditional and alternative investment advisory and family office services to wealthy families and select institutional investors. As of September 30, 2021, the firm reported assets under management of $31.0 billion.

FAQ

What is the dividend amount declared by SAMG?

The dividend amount declared by Silvercrest Asset Management Group Inc. (SAMG) is $0.17 per share.

When will the dividend for SAMG be paid?

The dividend will be paid on or about March 18, 2022.

What is the record date for SAMG's dividend payment?

The record date for the dividend payment is March 11, 2022.

How much assets does SAMG manage?

As of September 30, 2021, Silvercrest managed $31.0 billion in assets.