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 $0.030 per share for the second quarter of 2011, an increase of 20% from the $0.025 paid for the prior quarter. The dividend will be paid on Friday, September 2, 2011 to common stockholders of record as of Friday, August 19, 2011.

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.

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