Diamond Hill Investment Group (NASDAQ:DHIL) Is Paying Out A Dividend Of $1.50
Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) will pay a dividend of $1.50 on the 16th of June. Based on this payment, the dividend yield on the company’s stock will be 6.1%, which is an attractive boost to shareholder returns.
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Diamond Hill Investment Group’s Earnings Easily Cover The Distributions
While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Diamond Hill Investment Group was earning enough to cover the previous dividend, but it was paying out quite a large proportion of its