Associated Capital Group Announces Special Dividend Of $2 Per Share, Payable On November 4, 2024, To Class A And Class B Shareholders Of Record As Of The Close Of Business On October 21, 2024
Portfolio Pulse from Benzinga Newsdesk
Associated Capital Group, Inc. (NYSE:AC) has announced a special dividend of $2 per share, payable on November 4, 2024, to shareholders of record as of October 21, 2024. This dividend will total approximately $42.4 million.
September 19, 2024 | 3:13 pm
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Associated Capital Group has declared a special dividend of $2 per share, payable on November 4, 2024. This move will distribute approximately $42.4 million to shareholders, reflecting the company's commitment to returning value to its investors.
The announcement of a special dividend is a positive signal to investors, indicating the company's strong cash position and commitment to returning value to shareholders. This is likely to have a positive short-term impact on the stock price as investors may be attracted to the dividend payout.
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