$AGF-B.TO

AGF Management Q1 Net Income Attributable to Equity Owners of the Company, Total Adjusted Net Revenue Fall; Increases Quarterly Dividend Per Share by 8%

AGF Management (AGF-B.TO) on Tuesday reported a lower first-quarter net income attributable to equity owners of the company and total adjusted net revenue, while announcing an 8% increase in quarterly dividend.First-quarter net income attributable to equity owners of the company was reported at C$18 million or $0.27 diluted earnings per share, compared to $30.9 million or $0.46 diluted EPS in the corresponding year-ago quarter.The company reported first-quarter adjusted net income attributable to equity owners of $19.7 million or $0.30 adjusted diluted earnings per share, compared to $32.1 million or $0.48 adjusted diluted EPS for the comparative prior year period. The consensus estimates compiled by FactSet for Non GAAP EPS was $0.50 per share.Total adjusted net revenue for the first quarter was reported at $95.3 million, compared to $111.5 million in the corresponding year-ago quarter.The company also said that its board declared a dividend of 13.5 cents per share on both the Class B Non-Voting shares and the Class A Voting common shares of the company, representing an 8% increase.This dividend will be payable on April 30, 2026 to shareholders of record on April 21, 2026."Our business continues to demonstrate its durability as a result of our multi-year strategy to diversify across asset classes and client channels allowing us to navigate the impacts of the current economic environment while maintaining our strong balance sheet," said Judy Goldring, Chief Executive Officer, AGF.

Earnings Flash (AGF-B.TO) AGF Q1 Total AUM and Fee-earning Assets of $60.5B, up 12% YoY

AGF Increased Quarterly Dividend per share by 8% to $0.135

AGF Reports Q1 Adjusted Diluted Earnings Per Share of $0.30

AGF Management Names John Porter Chief Investment Officer

AGF Management (AGF-B.TO) after trade Monday said John Porter will become chief investment officer starting May 1.As CIO, Porter will lead the firm's investment team, set strategy, and focus on performance and risk management. He will report to Chief Executive Judy Goldring and join the executive management team, the company said."We are confident his leadership will unlock new opportunities, strengthen collaboration across our investment teams, and position AGF Investments for its next phase of growth," Goldring said.Porter most recently served as CIO at Newton Investment Management, part of BNY Investments. He previously held senior roles in equity investing and U.S. growth strategies after joining the firm in 2016, according to the statement.The company's shares closed up $0.19 to $20.02 on the Toronto Stock Exchange.