Oppenheimer Holdings Inc. Declares Quarterly Dividend of $0.11 (OPY)

Oppenheimer Holdings Inc. (NYSE:OPY) announced a quarterly dividend on Friday, April 26th, NASDAQ reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.11 per share by the financial services provider on Friday, May 24th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, May 9th.

OPY stock opened at $26.31 on Wednesday. The company has a quick ratio of 0.72, a current ratio of 1.31 and a debt-to-equity ratio of 0.36. Oppenheimer has a 1 year low of $23.51 and a 1 year high of $34.15. The stock has a market capitalization of $343.26 million, a PE ratio of 8.56 and a beta of 1.12.

Oppenheimer (NYSE:OPY) last posted its earnings results on Friday, April 26th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.26. Oppenheimer had a return on equity of 7.80% and a net margin of 3.42%. The business had revenue of $251.77 million during the quarter.

In related news, CEO Albert G. Lowenthal bought 1,007 shares of the stock in a transaction dated Friday, February 8th. The stock was acquired at an average price of $26.33 per share, for a total transaction of $26,514.31. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 25.67% of the stock is currently owned by company insiders.

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Oppenheimer Company Profile

Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.

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Dividend History for Oppenheimer (NYSE:OPY)

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