Oppenheimer Holdings Inc. Announces Quarterly Dividend of $0.18 (NYSE:OPY)

Oppenheimer Holdings Inc. (NYSE:OPY) announced a quarterly dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given a dividend of 0.18 per share by the financial services provider on Friday, February 28th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend is Friday, February 14th.

Oppenheimer has increased its dividend by an average of 6.9% per year over the last three years.

Oppenheimer Stock Performance

NYSE:OPY traded down $3.62 during midday trading on Friday, hitting $68.90. The company’s stock had a trading volume of 30,452 shares, compared to its average volume of 20,667. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.29 and a quick ratio of 0.80. Oppenheimer has a fifty-two week low of $36.93 and a fifty-two week high of $73.12. The firm’s 50 day moving average is $65.21 and its 200-day moving average is $56.98. The firm has a market cap of $711.74 million, a P/E ratio of 10.72 and a beta of 1.14.

Oppenheimer (NYSE:OPY) last issued its earnings results on Friday, January 31st. The financial services provider reported $0.92 earnings per share (EPS) for the quarter. Oppenheimer had a net margin of 5.27% and a return on equity of 9.50%.

Oppenheimer Company Profile

Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.