Diamond Hill Investment Group (DHIL) Declares $19 Special Dividend; 9.8% Yield
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Diamond Hill Investment Group, Inc. Reports Results For Third Quarter 2021 And Announces Special Dividend
October 26, 2021 4:10 PM EDTCOLUMBUS, Ohio, Oct. 26, 2021 /PRNewswire/ -- Diamond Hill Investment Group, Inc. (NASDAQ: DHIL) today reported unaudited financial results for the third quarter of 2021.
The following are selected highlights for the quarter ended September 30, 2021:
Assets under management ("AUM") were $29.2 billion compared to $32.4 billion as of June 30, 2021, and $22.3 billion as of September 30, 2020, with a reduction of $3.5 billion resulting from the sale of our high yield-focused advisory contracts during the quarter. Average AUM was $30.7 billion compared to $22.0 billion during the third quarter of 2020. Net client inflows were $220 million,... More