Diamond Hill Investment Group, Inc. (NASDAQ:DHIL – Get Free Report) Director James F. Laird, Jr. sold 3,000 shares of the company’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $150.20, for a total transaction of $450,600.00. Following the completion of the transaction, the director now directly owns 25,000 shares in the company, valued at approximately $3,755,000. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Diamond Hill Investment Group Stock Performance
Diamond Hill Investment Group stock opened at $152.30 on Thursday. The company’s 50 day simple moving average is $148.45 and its 200-day simple moving average is $151.17. Diamond Hill Investment Group, Inc. has a 1 year low of $135.44 and a 1 year high of $175.60. The company has a market capitalization of $422.33 million, a price-to-earnings ratio of 10.32 and a beta of 1.00.
Diamond Hill Investment Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 13th. Shareholders of record on Thursday, August 29th will be given a $1.50 dividend. This represents a $6.00 dividend on an annualized basis and a yield of 3.94%. The ex-dividend date is Thursday, August 29th. Diamond Hill Investment Group’s payout ratio is 40.65%.
Institutional Inflows and Outflows
Diamond Hill Investment Group Company Profile
Diamond Hill Investment Group, Inc, through its subsidiary, Diamond Hill Capital Management, Inc, provides investment advisory and fund administration services in the United States. It offers investment advisory and related services to clients through pooled vehicles, such as private fund; separately managed accounts; collective investment trusts; and other pooled vehicles, including sub-advised funds and model delivery programs.
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