Associated Capital increases dividend frequency, expands share buyback program

Associated Capital Group Inc. (OTCQX: ACGP) announced changes to its dividend payment structure and share repurchase program. The company will transition from semi-annual to quarterly dividend payments beginning in 2026, maintaining the $0.10 per share rate while doubling the annual frequency.

The board of directors declared a semi-annual dividend of $0.10 per share payable December 16, 2025 to shareholders of record on December 2, 2025. Starting in 2026, the company will pay $0.10 per share quarterly instead of the current semi-annual schedule.

The board also authorized an additional 500,000 shares for the company's existing share repurchase program. The company stated that share purchases will depend on various factors including financial position, earnings, alternative cash uses, macroeconomic conditions, and market conditions.

Associated Capital Group, based in Greenwich, Connecticut, operates as a diversified financial services company providing alternative investment management through Gabelli & Company Investment Advisers Inc. The company also manages proprietary capital for direct investments through subsidiaries including Gabelli Private Equity Partners LLC and Gabelli Principal Strategies Group LLC.

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