Westwood Holdings Group, Inc. (WHG) Raises Quarterly Dividend 8.8% to $0.62; 4.9% Yield
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Westwood Holdings Group, Inc. Reports Third Quarter 2016 Results
October 26, 2016 4:15 PM EDTAssets Under Management of $21.3 Billion; Assets Under Advisement Increase to $1.1 Billion
Quarterly Dividend Increased 9%, Representing the 14th Consecutive Year of Increases
DALLAS, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Westwood Holdings Group, Inc. (NYSE: WHG) today reported third quarter 2016 revenues of $31.8 million compared to revenues of $32.5 million in the third quarter of 2015. Asset-based advisory fees decreased $1.5 million due to lower average assets under management ("AUM") as a result of net outflows, partially offset by market appreciation, over the last twelve months. While average... More
