Oppenheimer Holdings, Inc. (NYSE:OPY) Plans Quarterly Dividend of $0.20

Oppenheimer Holdings, Inc. (NYSE:OPY) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Friday, August 14th will be given a dividend of 0.20 per share by the financial services provider on Friday, August 28th. This represents a c) dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, August 14th.

Oppenheimer has increased its dividend payment by an average of 0.0%per year over the last three years and has raised its dividend annually for the last 1 consecutive years.

Oppenheimer Stock Performance

Shares of OPY stock traded down $4.18 during midday trading on Friday, reaching $106.52. 211,642 shares of the company were exchanged, compared to its average volume of 79,961. The company’s 50 day moving average price is $105.92 and its two-hundred day moving average price is $96.48. The company has a market cap of $1.14 billion, a P/E ratio of 12.70 and a beta of 1.07. Oppenheimer has a 12 month low of $63.81 and a 12 month high of $123.24.

Oppenheimer (NYSE:OPY) last posted its quarterly earnings data on Friday, July 31st. The financial services provider reported $3.98 EPS for the quarter. Oppenheimer had a net margin of 5.66% and a return on equity of 17.49%. The business had revenue of $454.88 million for the quarter.

About Oppenheimer

Oppenheimer & Co Inc is a full-service investment bank and wealth management firm headquartered in New York City. Founded in the mid-20th century, the company provides a broad array of financial services to individual, institutional and corporate clients. Its core competencies include equity and fixed-income research, institutional sales and trading, underwriting and merger-and-acquisition advisory.

In the wealth management segment, Oppenheimer offers tailored investment solutions, comprehensive financial planning and retirement strategies.