Associated Capital Group, Inc. Announces Special Dividend of $2 Per Share

Group 1 - Associated Capital Group, Inc. declared a special cash dividend of $2.00 per share, totaling approximately$42.4 million, payable on November 4, 2024, to shareholders of record as of October 21, 2024 [1] - Since becoming a public company in 2015, Associated Capital has returned approximately 81.1 million to shareholders through dividends [1] Group 2 - Associated Capital Group, Inc. is a diversified global financial services company based in Greenwich, Connecticut, providing alternative investment management through Gabelli & Company Investment Advisers, Inc. [2] - The company has earmarked proprietary capital for its direct investment business, which includes Gabelli Private Equity Partners, LLC, formed in August 2017 with 150 million of authorized capital [2] - Gabelli Principal Strategies Group, LLC was created in December 2015 to pursue strategic operating initiatives [2]