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

Oppenheimer Holdings Inc. (NYSE:OPY) declared a quarterly dividend on Thursday, October 29th, Zacks reports. Shareholders of record on Thursday, November 12th will be paid a dividend of 0.12 per share by the financial services provider on Thursday, November 26th. This represents a $0.48 annualized dividend and a yield of 1.90%. The ex-dividend date is Tuesday, November 10th.

Oppenheimer has raised its dividend by 4.6% over the last three years and has raised its dividend annually for the last 1 consecutive years.

Shares of OPY stock traded down $0.80 during mid-day trading on Friday, hitting $25.31. The company had a trading volume of 11 shares, compared to its average volume of 97,566. Oppenheimer has a 52-week low of $14.21 and a 52-week high of $28.72. The stock’s 50 day moving average price is $23.96 and its 200-day moving average price is $22.35. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.35 and a quick ratio of 0.98. The company has a market capitalization of $328.07 million, a P/E ratio of 6.25 and a beta of 1.05.

Oppenheimer (NYSE:OPY) last released its earnings results on Thursday, July 30th. The financial services provider reported $1.34 EPS for the quarter. Oppenheimer had a net margin of 5.32% and a return on equity of 9.35%. The firm had revenue of $264.73 million for the quarter.

Oppenheimer Company Profile

Oppenheimer Holdings Inc, through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company offers 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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