Westwood Holdings Group, Inc. Approves Quarterly Cash Dividend, Payable on January 3, 2024
October 31, 2023 at 04:13 pm EDT
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Westwood Holdings Group, Inc. announced that its Board of Directors has approved the payment of a quarterly cash dividend of $0.15 per common share, payable on January 3, 2024 to stockholders of record on December 1, 2023.
Westwood Holdings Group, Inc. manages investment assets and provides services for clients through its subsidiaries, Westwood Management Corp., Westwood Advisors, L.L.C. and Salient Advisors, L.P. The Companyâs segments include Advisory and Trust. The Advisory segment provides investment advisory services to corporate pension and profit-sharing plans, public employee retirement funds, Taft-Hartley plans, endowments, foundations and individuals, sub-advisory. It also provides investment management services to the Westwood Funds. The Companyâs advisory business investment capabilities: United States Value Equity, Multi-Asset, Energy and Real Assets, Tactical Absolute Return, and Income Alternatives. The Trust segment provides trust and custodial services and participation in common trust funds that it sponsors to institutions and high-net worth individuals. It provides investment advisory services to institutional investors; a family of mutual funds called the Westwood Funds.