Associated Capital Group, Inc. (AC) announced a preliminary range for its third quarter book value of $41.85 to $42.05 per share as of September 30, 2024. These estimates exclude a $2 per share special dividend that was declared in September 2024 and is payable on November 4, 2024.
This preliminary book value compares to $42.87 per share at June 30, 2024, indicating a decrease over the quarter. The book value at December 31, 2023, was $42.11 per share, and at September 30, 2023, it was $41.43 per share.
The book value per share is a critical indicator of the company's net asset value, and its movement provides investors with an early look into the company's financial health and the impact of its investment activities during the quarter.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.