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

Oppenheimer Holdings Inc. (NYSE:OPY) announced a quarterly dividend on Friday, October 25th, Zacks reports. Stockholders of record on Friday, November 8th will be paid a dividend of 0.18 per share by the financial services provider on Friday, November 22nd. This represents a $0.72 annualized dividend and a dividend yield of 1.16%. The ex-dividend date of this dividend is Friday, November 8th.

Oppenheimer has raised its dividend by an average of 7.7% per year over the last three years.

Oppenheimer Stock Up 4.9 %

Shares of OPY stock opened at $62.19 on Thursday. The stock’s fifty day moving average price is $51.35 and its 200 day moving average price is $48.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.29 and a quick ratio of 0.80. Oppenheimer has a 1-year low of $36.85 and a 1-year high of $63.27. The company has a market cap of $642.48 million, a price-to-earnings ratio of 9.67 and a beta of 1.14.

Oppenheimer (NYSE:OPY) last released its earnings results on Friday, October 25th. The financial services provider reported $2.16 EPS for the quarter. Oppenheimer had a return on equity of 9.50% and a net margin of 5.27%. The firm had revenue of $373.35 million during the quarter.

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.