Artisan Partners Asset Management Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024, on February 4, 2025. The company announced fourth-quarter net income of $69.7 million, translating to $0.97 per share.
For the full year 2024, Artisan Partners achieved total revenue of $1.11 billion, marking a 14% increase compared to the prior year. This growth underscores the firm's ability to expand its revenue base amidst market conditions.
In a move demonstrating confidence in its financial performance and commitment to shareholders, the company announced an increase in its dividend to $1.34 per share. This substantial dividend increase reflects the firm's strong cash generation and capital allocation strategy.
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