DigitalBridge Group, Inc. (NYSE:DBRG) Shareholders to Get $0.01 Quarterly Dividend

DigitalBridge Group, Inc. (NYSE:DBRG – Get Free Report) announced a quarterly dividend on Monday, August 3rd. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.01 per share on Thursday, October 15th. This represents a $0.04 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, September 30th.

DigitalBridge Group has decreased its dividend payment by an average of 0.4%per year over the last three years. DigitalBridge Group has a payout ratio of 12.5% meaning its dividend is sufficiently covered by earnings.

DigitalBridge Group Trading Up 0.0%

Shares of NYSE:DBRG opened at $15.98 on Monday. DigitalBridge Group has a 12 month low of $8.94 and a 12 month high of $16.00. The company has a market capitalization of $3.00 billion, a price-to-earnings ratio of 10.38 and a beta of 1.47. The firm’s 50-day moving average is $15.91 and its 200 day moving average is $15.72.

About DigitalBridge Group

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DigitalBridge Group, Inc (NYSE: DBRG) is an investment management firm focused on digital infrastructure. Through its investment management platform, the company invests in and manages assets that support the digital economy, including data centers, wireless infrastructure, fiber networks, small-cell systems and edge infrastructure.

DigitalBridge serves infrastructure owners, technology companies, communications providers and other institutional investors by providing investment management and asset management services.

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