---
schema_version: "secwatch.filing_event.v1"
accession: "0000909108-24-000032"
form_type: "8-K"
ticker: null
cik: "0000909108"
company_name: "DIAMOND HILL INVESTMENT GROUP INC"
filed_at: "2024-07-31T23:59:59+00:00"
generated_at: "2026-05-31T14:43:56.851394+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Diamond Hill Q2 revenue up 10% to $36.7M; GAAP EPS $2.93 (down 8%); appoints Gordon Fowler to board

## Summary
- Revenue $36.7M (+10% YoY); diluted GAAP EPS $2.93 vs $3.18; adjusted diluted EPS $2.88 vs $2.35.
- Combined AUM/AUA $31.1B vs $27.9B a year ago; net client inflows $229M vs $103M outflows in Q2 2023.
- Net income attributable to common shareholders $8.1M (-14% YoY); net operating margin 33% vs 23%.
- Quarterly dividend of $1.50/share declared, payable Sept 13, 2024 to holders of record Aug 29.
- Board expanded to 7 directors; Gordon B. Fowler Jr. appointed as independent director, effective July 29.

## SEC filing metadata
- accession: 0000909108-24-000032
- form_type: 8-K
- cik: 0000909108
- company_name: DIAMOND HILL INVESTMENT GROUP INC
- filed_at: 2024-07-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909108/000090910824000032/0000909108-24-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909108/000090910824000032/dhil-20240729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000909108-24-000032
- JSON: https://secwatch.observer/filing/0000909108-24-000032.json
- Plain text: https://secwatch.observer/filing/0000909108-24-000032.txt

## Key facts
- Executive change
  Gordon B. Fowler Jr. was appointed as Director at DIAMOND HILL INVESTMENT GROUP INC.
  - Action: appointed
  - Role: Director
  source text: on July 29, 2024, the Board: (1) increased the size of the Board from six directors to seven directors, and (2) appointed Gordon B. Fowler, Jr. to serve as a director on the Board and fill the seat created by the increase in the number of directors on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/909108/000090910824000032/0000909108-24-000032-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
