JMP Group Increases Quarterly Dividend and Repurchase Authorization
04 Mai 2011 - 2:00PM
Business Wire
JMP Group Inc. (NYSE: JMP), an investment banking and
alternative asset management firm, announced today that its board
of directors has voted to increase the company’s cash dividend to
$0.025 per share for the first quarter of 2011, an increase of 25%
from the prior quarter. The dividend will be paid on Friday, June
3, 2011 to common stockholders of record as of Friday, May 20,
2011.
Additionally, the company’s board of directors has authorized
the repurchase of up to 500,000 additional shares of the company’s
outstanding common stock during the next twelve months. Under its
previous authorizations, JMP Group had repurchased 4.7 million
shares of stock since October 2007, leaving approximately 260,000
shares still to be repurchased. As a result, the company is now
authorized to repurchase a total of approximately 760,000 common
shares.
About JMP Group
JMP Group Inc. is a full-service investment banking and asset
management firm that provides investment banking, sales and
trading, and equity research services to corporate and
institutional clients and alternative asset management products to
institutional and high-net-worth investors. JMP Group operates
through three subsidiaries: JMP Securities, Harvest Capital
Strategies and JMP Credit Advisors. For more information, visit
www.jmpg.com.
JMP (NYSE:JMP)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
JMP (NYSE:JMP)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über JMP Group LLC (New York Börse): 0 Nachrichtenartikel
Weitere JMP Group Inc. News-Artikel