Dec. 21, 2012
/PRNewswire/ -- Diamond Hill Investment Group, Inc. (NASDAQ:DHIL) today confirmed the payment of its special dividend of
per share. The Company estimates that between
$4.75 and $5.25
of the special dividend will be characterized as qualified dividend income, with the balance characterized as return of capital. The Company expects to finalize the tax characterization of the dividend in late
About Diamond Hill
is an independent investment management firm with significant employee ownership and
in assets under management as of
, 2012. The firm provides investment management services to institutions and individuals through mutual funds, institutional separate accounts, and private investment funds.
's entire investment team shares the same intrinsic value investment philosophy focused on absolute returns, and the firm's interests are firmly aligned with its clients through significant investment in its strategies. For more information on Diamond Hill, visit
SOURCE Diamond Hill Investment Group, Inc.