Perella Weinberg Partners (PWP) to Issue Quarterly Dividend of $0.07 on September 10th

Perella Weinberg Partners (NASDAQ:PWPGet Free Report) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, August 28th will be paid a dividend of 0.07 per share on Thursday, September 10th. This represents a c) annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend is Friday, August 28th.

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

Perella Weinberg Partners Stock Performance

Shares of PWP stock opened at $16.57 on Wednesday. Perella Weinberg Partners has a fifty-two week low of $14.11 and a fifty-two week high of $25.92. The firm has a market capitalization of $1.56 billion, a price-to-earnings ratio of 63.73 and a beta of 1.64. The stock’s 50-day simple moving average is $16.24 and its 200-day simple moving average is $17.89.

Perella Weinberg Partners (NASDAQ:PWPGet Free Report) last announced its quarterly earnings data on Friday, July 31st. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.06 by $0.14. The firm had revenue of $156.53 million during the quarter, compared to analyst estimates of $144.76 million. Perella Weinberg Partners had a net margin of 3.19% and a negative return on equity of 35.84%.

Perella Weinberg Partners Company Profile

(Get Free Report)

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.

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Dividend History for Perella Weinberg Partners (NASDAQ:PWP)

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