Oppenheimer Holdings Inc. (NYSE:OPY) Plans Quarterly Dividend of $0.12

Oppenheimer Holdings Inc. (NYSE:OPY) declared a quarterly dividend on Friday, July 31st, Wall Street Journal reports. Investors of record on Thursday, August 13th will be paid a dividend of 0.12 per share by the financial services provider on Thursday, August 27th. This represents a $0.48 annualized dividend and a yield of 2.27%. The ex-dividend date of this dividend is Wednesday, August 12th.

Oppenheimer has raised its dividend payment by an average of 4.6% per year over the last three years and has raised its dividend every year for the last 1 years.

Shares of OPY stock opened at $21.19 on Friday. Oppenheimer has a 12 month low of $14.21 and a 12 month high of $31.82. The company has a quick ratio of 1.14, a current ratio of 1.41 and a debt-to-equity ratio of 0.25. The business’s 50 day moving average is $21.26 and its two-hundred day moving average is $22.07. The company has a market cap of $270.13 million, a PE ratio of 5.24 and a beta of 1.02.

Oppenheimer (NYSE:OPY) last announced its quarterly earnings results on Friday, May 1st. The financial services provider reported $0.58 EPS for the quarter. Oppenheimer had a return on equity of 9.42% and a net margin of 5.32%. The company had revenue of $234.77 million for the quarter.

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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