JMP Group Inc. (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared a dividend of $0.03 per share for the fourth quarter of 2011, to be paid on Friday, March 30, 2012 to common stockholders of record as of Friday, March 16, 2012.

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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