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Associated Capital Announces 100% Dividend Increase and Expansion of Share Repurchase Authorization
Globenewswire· 2025-11-07 19:44
Core Points - The Company announced several shareholder compensation initiatives, including a 100% increase in the regular cash dividend, setting the quarterly dividend rate at $0.10 per share starting in 2026, compared to the current semi-annual rate of $0.10 per share [1] - A semi-annual dividend of $0.10 per share was declared, to be paid on December 16, 2025, to shareholders of record on December 2, 2025 [2] - The Board authorized an increase of 500,000 shares to the existing share repurchase program, with future purchases subject to various factors including the Company's financial position and market conditions [3] Company Overview - 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. [4] - The Company has earmarked proprietary capital for direct investment in new and existing businesses, with initiatives including Gabelli Private Equity Partners, LLC and Gabelli Principal Strategies Group, LLC [4]
AC Reports Preliminary September 30 Book Value of $44.15 to $44.35 Per Share
Globenewswire· 2025-10-02 21:00
Group 1 - The company announced a preliminary range for its third quarter book value of $44.15 to $44.35 per share, an increase from $43.30 per share at June 30, 2025, and $42.14 per share at December 31, 2024 [1] - Further details on the company's financial results will be issued in November [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, and Gabelli Principal Strategies Group, LLC, created in December 2015 [2]
1 Reason Brookfield Asset Management (BAM) Is One of the Best Financial Stocks You Can Buy Today
The Motley Fool· 2025-08-22 08:25
Core Viewpoint - Brookfield Asset Management is experiencing robust growth and is well-positioned as a leading alternative investment manager with over $1 trillion in assets under management, attracting more investors seeking diversification into alternative assets [1]. Group 1: Fee-Based Income - Approximately $563 billion of Brookfield's $1 trillion in assets generates fees, producing $2.7 billion in fee-related earnings over the past year [3]. - The company returns most of its fee-related income to shareholders through a dividend with a current yield close to 3% [3]. Group 2: Growth Projections - Brookfield anticipates more than doubling its fee-bearing capital to $1.1 trillion by the end of the decade, driven by increased investor demand for alternatives, new fund launches, and expansion into new capital sources [4]. - The company expects a 17% compound annual growth rate in fee-related earnings per share through the decade, with distributable earnings per share projected to rise at 18% annually [5]. Group 3: Dividend Growth - With rapidly rising earnings, Brookfield plans to increase its dividend by more than 15% per year, positioning the company for strong total returns over the next five years [6].
AC Reports Preliminary June 30 Book Value of $43.20 to $43.40 Per Share
Globenewswire· 2025-07-07 20:30
Core Insights - Associated Capital Group, Inc. announced a preliminary book value range for Q2 2025 of $43.20 to $43.40 per share, an increase from $42.51 per share at the end of Q1 2025 and $42.14 per share at the end of 2024 [1] Company Overview - 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 allocated proprietary capital for its direct investment business, which focuses on new and existing businesses, and is structured around several core pillars including Gabelli Private Equity Partners, LLC and Gabelli Principal Strategies Group, LLC [2]