Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Announces Quarterly Dividend of $0.25

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) declared a quarterly dividend on Friday, March 6th. Shareholders of record on Friday, March 20th will be paid a dividend of 0.25 per share by the financial services provider on Friday, April 3rd. This represents a c) annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend is Friday, March 20th.

Institutional Financial Markets Trading Down 1.6%

Shares of NYSEAMERICAN COHN opened at $16.73 on Wednesday. The firm’s 50 day moving average price is $17.66 and its 200-day moving average price is $15.28. Institutional Financial Markets has a 52-week low of $6.10 and a 52-week high of $32.60. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market cap of $40.99 million, a PE ratio of 3.31 and a beta of 1.31.

Institutional Financial Markets (NYSEAMERICAN:COHN) last announced its quarterly earnings results on Friday, March 6th. The financial services provider reported $2.97 earnings per share for the quarter. Institutional Financial Markets had a net margin of 5.24% and a return on equity of 43.35%. The company had revenue of $96.20 million during the quarter.

Insider Buying and Selling

In other Institutional Financial Markets news, major shareholder Circle 2 Sponsor Corp Columbus bought 265,000 shares of Institutional Financial Markets stock in a transaction on Thursday, February 12th. The stock was acquired at an average price of $10.00 per share, with a total value of $2,650,000.00. Following the acquisition, the insider owned 265,000 shares in the company, valued at approximately $2,650,000. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 76.15% of the company’s stock.

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.