Perella Weinberg Partners (PWP) To Go Ex-Dividend on June 1st

Perella Weinberg Partners (NASDAQ:PWP) declared a quarterly dividend on Friday, May 1st. Shareholders of record on Monday, June 1st will be given a dividend of 0.07 per share on Monday, June 15th. This represents a c) annualized dividend and a yield of 1.4%. The ex-dividend date is Monday, June 1st.

Perella Weinberg Partners has a dividend payout ratio of 17.8% meaning its dividend is sufficiently covered by earnings.

Perella Weinberg Partners Stock Down 9.4%

PWP opened at $20.61 on Friday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 85.88 and a beta of 1.74. Perella Weinberg Partners has a 52 week low of $15.74 and a 52 week high of $25.92. The business’s 50 day moving average is $18.96 and its two-hundred day moving average is $19.29.

Perella Weinberg Partners (NASDAQ:PWP) last released its quarterly earnings results on Friday, May 1st. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.11). The firm had revenue of $148.92 million for the quarter, compared to analyst estimates of $158.82 million. Perella Weinberg Partners had a negative return on equity of 25.81% and a net margin of 4.69%.

About Perella Weinberg Partners

Perella Weinberg Partners L.P. is a global, partner-led advisory firm specializing in strategic and financial counsel. Founded in 2006 by Joseph R. Perella and Peter Weinberg—both veterans of leading Wall Street institutions—the firm delivers independent advice on mergers and acquisitions, financing, restructuring and capital markets. As an independent entity, it emphasizes senior banker involvement throughout every transaction, ensuring clients benefit from depth of experience and continuity of service.

The firm’s core offerings encompass M&A advisory, debt and equity financing, corporate restructuring and capital markets solutions.