FOR IMMEDIATE RELEASE:
James F. Laird-Chief Financial Officer
DIAMOND HILL INVESTMENT GROUP, INC.
ANNOUNCES SPECIAL DIVIDEND
Columbus, Ohio - December 1, 2011 - Diamond Hill Investment Group, Inc.
(NASDAQ:DHIL) today announced that its board of directors has approved a $5.00
per share cash dividend to shareholders of record on December 12, 2011 payable
December 19, 2011. The Company expects the dividend will be characterized as
qualified dividend income and that no portion of the dividend will represent
a return of capital.
About Diamond Hill:
Diamond Hill is an independent investment management firm with significant
employee ownership and $8.4 billion in assets under management as of October
31, 2011. The firm provides investment management services to institutions
and individuals through mutual funds, institutional separate accounts, and
private investment funds. Diamond Hill'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
325 John H. McConnell Blvd, Suite 200, Columbus, Ohio 43215
614-255-3333 fax 614-255-336