Oppenheimer Holdings Inc. (OPY) to Issue Quarterly Dividend of $0.18 on February 28th

Oppenheimer Holdings Inc. (NYSE:OPY) announced a quarterly dividend on Friday, January 31st,NASDAQ Dividends reports. Investors of record on Friday, February 14th will be given 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 yield of 1.10%. The ex-dividend date is Friday, February 14th.

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

Oppenheimer Price Performance

Shares of NYSE:OPY opened at $65.34 on Wednesday. The firm has a 50 day moving average of $65.79 and a 200-day moving average of $57.64. Oppenheimer has a 12 month low of $36.93 and a 12 month high of $73.12. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $674.94 million, a PE ratio of 10.26 and a beta of 1.14.

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

Wall Street Analyst Weigh In

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

About Oppenheimer

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.