Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Shares Set to Pay Quarterly Dividend of $0.25

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) announced a quarterly dividend on Thursday, November 12th. Shareholders of record on Monday, November 30th will be given a dividend of $0.25 per share by the financial services provider on Monday, December 14th. This represents a $1.00 annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Monday, November 30th.

Institutional Financial Markets Stock Performance

NYSEAMERICAN COHN traded down $1.48 on Thursday, reaching $9.52. The stock had a trading volume of 29,088 shares, compared to its average volume of 24,804. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.86 and a quick ratio of 0.86. The firm has a fifty day moving average of $10.20 and a two-hundred day moving average of $13.62. Institutional Financial Markets has a 1-year low of $8.93 and a 1-year high of $32.60. The company has a market cap of $30.75 million, a P/E ratio of 1.76 and a beta of 1.06.

Institutional Financial Markets (NYSEAMERICAN:COHN) last released its earnings results on Thursday, November 12th. The financial services provider reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.42 by ($0.32). Institutional Financial Markets had a return on equity of 47.14% and a net margin of 5.65%. The company had revenue of $32.44 million for the quarter, compared to analyst estimates of $40.80 million. On average, equities research analysts anticipate that Institutional Financial Markets will post 1.90 EPS for the current year.

Institutional Financial Markets Company Profile

Institutional Financial Markets, Inc. (NYSE American: COHN) is a financial services company focused primarily on institutional fixed-income markets. Through its broker-dealer operations, the company provides sales, trading and market-making services involving a range of debt securities, including corporate, mortgage-backed, asset-backed and municipal securities. The company also engages in investment banking and related capital-markets activities, serving institutional investors, issuers and other financial-market participants.