Diamond Hill(US:DHIL) Prnewswire·2025-10-30 12:15Core Insights - Diamond Hill Investment Group, Inc. reported a decline in revenue for Q3 2025, totaling $37.4 million, down 4% from $39.0 million in Q3 2024 [4][5] - The company experienced net inflows of nearly $1 billion in fixed income strategies during the quarter, contributing to $2 billion year-to-date [1] - The board approved a regular quarterly cash dividend of $1.50 per share and a special dividend of $4.00 per share, totaling $10.00 per share for the year [3][4] Financial Performance - Total operating expenses for Q3 2025 were $27.7 million, a decrease of 4% from $28.8 million in Q3 2024 [4] - Net income for Q3 2025 was $13.6 million, down 7% from $14.6 million in Q3 2024, with diluted earnings per share at $4.99 compared to $5.35 in the prior year [4][5] - For the nine months ended September 30, 2025, net income attributable to common shareholders increased by 10% to $39.5 million, with diluted earnings per share rising to $14.47 from $12.90 [4][5] Assets Under Management - As of September 30, 2025, total assets under management (AUM) and assets under advisement (AUA) combined were $32.4 billion, a slight decrease from $33.2 billion a year earlier [5][6] - The company reported net client inflows of $41 million for Q3 2025, contrasting with net outflows of $22 million in Q3 2024 [5][6] - Average AUM and AUA during the quarter remained stable at $32.4 billion, consistent with the same period in 2024 [5] Capital Allocation - The company returned approximately $6.7 million to shareholders in 2025, including $2.6 million through share repurchases and $4.1 million via dividends [4][5] - The total capital return to shareholders for the year reached $27.2 million, reflecting a commitment to shareholder value [4]