Institutional Financial Markets, Inc. (COHN) to Issue Quarterly Dividend of $0.25 on September 2nd

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) announced a quarterly dividend on Monday, August 3rd. Investors of record on Wednesday, August 19th will be given a dividend of 0.25 per share by the financial services provider on Wednesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Wednesday, August 19th.

Institutional Financial Markets Trading Down 13.5%

COHN stock opened at $12.52 on Wednesday. The business has a fifty day moving average price of $12.67 and a 200 day moving average price of $15.49. Institutional Financial Markets has a fifty-two week low of $9.19 and a fifty-two week high of $32.60. The stock has a market capitalization of $31.43 million, a price-to-earnings ratio of 2.37 and a beta of 1.14. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.87 and a quick ratio of 0.87.

Institutional Financial Markets (NYSEAMERICAN:COHN) last issued its quarterly earnings data on Monday, August 3rd. The financial services provider reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $1.20. The firm had revenue of $65.14 million during the quarter, compared to the consensus estimate of $40.30 million. Institutional Financial Markets had a return on equity of 48.06% and a net margin of 5.65%. Analysts expect that Institutional Financial Markets will post 1.9 EPS for the current fiscal year.

About Institutional Financial Markets

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.