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

Oppenheimer Holdings, Inc. (NYSE:OPY) declared a quarterly dividend on Thursday, October 29th. Investors of record on Friday, November 13th will be paid a dividend of $0.20 per share by the financial services provider on Friday, November 27th. This represents a $0.80 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Friday, November 13th.

Oppenheimer Trading Down 1.7%

Oppenheimer stock opened at $91.11 on Wednesday. The stock has a market cap of $975.80 million, a P/E ratio of 12.26 and a beta of 1.12. Oppenheimer has a 52 week low of $63.81 and a 52 week high of $125.88. The stock has a 50 day moving average of $109.99 and a 200-day moving average of $102.68.

Oppenheimer (NYSE:OPY) last posted its quarterly earnings results on Friday, October 30th. The financial services provider reported $1.81 earnings per share (EPS) for the quarter. The company had revenue of $382.00 million for the quarter. Oppenheimer had a net margin of 4.94% and a return on equity of 19.02%.

About Oppenheimer

Oppenheimer Holdings Inc. is a financial services company whose principal subsidiary, Oppenheimer & Co. Inc., provides investment banking, wealth management and securities brokerage services. Its clients include individuals, businesses, institutions and government entities. The company’s services include financial advice and planning, investment management, research, institutional sales and trading, and assistance with raising capital through equity and debt offerings. Its asset management business offers investment strategies and portfolio services to individual and institutional clients.