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

Oppenheimer Holdings, Inc. (NYSE:OPYGet Free Report) declared a quarterly dividend on Friday, July 31st. Stockholders of record on Friday, August 14th will be paid a dividend of 0.20 per share by the financial services provider on Friday, August 28th. This represents a c) annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, August 14th.

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

Oppenheimer Stock Down 3.8%

OPY opened at $106.52 on Friday. Oppenheimer has a 52 week low of $63.81 and a 52 week high of $123.24. The stock has a market cap of $1.14 billion, a PE ratio of 12.70 and a beta of 1.07. The business has a 50 day moving average of $106.17 and a 200-day moving average of $96.55.

Oppenheimer (NYSE:OPYGet Free Report) last released its earnings results on Friday, July 31st. The financial services provider reported $3.98 earnings per share for the quarter. The firm had revenue of $454.88 million for the quarter. Oppenheimer had a net margin of 5.66% and a return on equity of 17.49%.

Oppenheimer Company Profile

(Get Free Report)

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.

Further Reading

Dividend History for Oppenheimer (NYSE:OPY)

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