Oppenheimer Announces Quarterly Dividend of $0.11 (OPY)
Oppenheimer (NYSE:OPY) announced a quarterly dividend on Friday, October 25th, Analyst Ratings News reports. Investors of record on Friday, November 8th will be paid a dividend of $0.11 per share on Friday, November 22nd. This represents a $0.44 annualized dividend and a dividend yield of 2.31%.
On the ratings front, analysts at Sidoti initiated coverage on shares of Oppenheimer in a research note to investors on Tuesday, October 15th. They set a “buy” rating on the stock.
Shares of Oppenheimer (NYSE:OPY) opened at 19.03 on Friday. Oppenheimer has a 52 week low of $14.31 and a 52 week high of $21.00. The stock’s 50-day moving average is $18.09 and its 200-day moving average is $18.84. The company has a market cap of $259.5 million and a price-to-earnings ratio of 53.01.
Oppenheimer (NYSE:OPY) last released its earnings data on Friday, October 25th. The company reported $0.37 EPS for the quarter. The company had revenue of $243.38 million for the quarter, compared to the consensus estimate of $231.84 million.
Oppenheimer Holdings Inc is a middle-market investment bank and service broker-dealer. The Company is engaged in a broad range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking (NYSE:OPY), research, market-making, trust services and investment advisory and asset management services.
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