Westwood Holdings Group, Inc. (WHG) To Go Ex-Dividend on December 2nd

Westwood Holdings Group, Inc. (NYSE:WHG) announced a quarterly dividend on Wednesday, October 30th,Zacks Dividends reports. Shareholders of record on Monday, December 2nd will be paid a dividend of 0.15 per share by the asset manager on Friday, January 3rd. This represents a $0.60 dividend on an annualized basis and a yield of 3.80%. The ex-dividend date of this dividend is Monday, December 2nd.

Westwood Holdings Group has raised its dividend payment by an average of 11.7% per year over the last three years.

Westwood Holdings Group Stock Down 1.2 %

Shares of NYSE WHG opened at $15.80 on Friday. The company has a market capitalization of $146.47 million, a PE ratio of 47.88 and a beta of 1.13. The stock’s 50 day moving average price is $15.29 and its 200-day moving average price is $13.49. Westwood Holdings Group has a twelve month low of $10.75 and a twelve month high of $18.03.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Westwood Holdings Group from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th.

Westwood Holdings Group Company Profile

Westwood Holdings Group, Inc, through its subsidiaries, manages investment assets and provides services for its clients. The company operates in two segments, Advisory and Trust. The Advisory segment provides investment advisory services to corporate retirement plans, public retirement plans, endowments, foundations, individuals, and the Westwood Funds; and investment sub-advisory services to mutual funds, pooled investment vehicles, and its Trust segment.