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

Oppenheimer Holdings Inc. (NYSE:OPY) declared 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 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date of this dividend is Friday, February 14th.

Oppenheimer has raised its dividend by an average of 6.9% annually over the last three years.

Oppenheimer Trading Up 0.3 %

NYSE OPY opened at $65.34 on Wednesday. Oppenheimer has a twelve month low of $36.93 and a twelve month high of $73.12. The business’s fifty day moving average is $65.79 and its 200 day moving average is $57.64. The company has a quick ratio of 0.80, a current ratio of 1.29 and a debt-to-equity ratio of 0.13. The company has a market cap of $674.94 million, a price-to-earnings ratio of 10.26 and a beta of 1.14.

Oppenheimer (NYSE:OPY) last announced its quarterly earnings results on Friday, January 31st. The financial services provider reported $0.92 EPS for the quarter. Oppenheimer had a return on equity of 8.76% and a net margin of 5.00%.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered shares of Oppenheimer from a “strong-buy” rating to a “buy” rating in a report on Monday, February 3rd.

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.