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

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

OPY stock traded down $3.62 during trading on Friday, reaching $68.90. The company had a trading volume of 30,452 shares, compared to its average volume of 20,667. The firm has a 50-day simple moving average of $65.21 and a 200-day simple moving average of $56.98. The company has a market cap of $711.74 million, a price-to-earnings ratio of 10.72 and a beta of 1.14. Oppenheimer has a twelve month low of $36.93 and a twelve month high of $73.12. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.80 and a current ratio of 1.29.

Oppenheimer (NYSE:OPY) last posted its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.92 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.