Affiliated Managers Group (AMG) Declares Initial $0.20 Quarterly Dividend; Increases Buyback by 4M Shares

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AMG Announces Initiation of Cash Dividend and Increase in Share Repurchase Authorization

January 30, 2017 7:49 AM EST

Company to pay $0.20 quarterly cash dividend per common share

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- The Board of Directors of Affiliated Managers Group, Inc. (NYSE: AMG) has authorized the initiation of a quarterly cash dividend commencing in the first quarter of 2017, and declared an initial dividend of $0.20 per common share, payable February 23, 2017 to stockholders of record as of the close of business on February 9, 2017.

In addition, the Board of Directors has increased AMGs share repurchase authorization to a total of four million shares. Under its share... More

AMG Announces Initiation of Cash Dividend and Increase in Share Repurchase Authorization

January 30, 2017 7:49 AM EST

Company to pay $0.20 quarterly cash dividend per common share

WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- The Board of Directors of Affiliated Managers Group, Inc. (NYSE: AMG) has authorized the initiation of a quarterly cash dividend commencing in the first quarter of 2017, and declared an initial dividend of $0.20 per common share, payable February 23, 2017 to stockholders of record as of the close of business on February 9, 2017.

In addition, the Board of Directors has increased AMGs share repurchase authorization to a total of four million shares. Under its share... More