Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) Plans Special Dividend of $2.00

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) announced a special dividend on Monday, December 22nd. Stockholders of record on Wednesday, January 7th will be given a dividend of 2.00 per share by the financial services provider on Thursday, January 22nd. The ex-dividend date is Wednesday, January 7th.

Institutional Financial Markets Trading Up 0.4%

COHN stock traded up $0.06 during midday trading on Monday, reaching $15.50. The company’s stock had a trading volume of 57,354 shares, compared to its average volume of 11,635. Institutional Financial Markets has a 52 week low of $6.10 and a 52 week high of $20.70. The business’s 50-day simple moving average is $13.85 and its 200-day simple moving average is $11.96. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.32. The stock has a market cap of $31.62 million, a PE ratio of 6.54 and a beta of 1.28.

Institutional Financial Markets (NYSEAMERICAN:COHN) last announced its quarterly earnings results on Tuesday, November 4th. The financial services provider reported $2.71 earnings per share (EPS) for the quarter. The company had revenue of $71.98 million during the quarter. Institutional Financial Markets had a net margin of 2.29% and a return on equity of 16.74%.

Institutional Financial Markets Company Profile

Cohen & Co, Inc engages in fixed income markets. It operates through the following segments: Capital Markets, Asset Management, and Principal Investing. The Capital Markets segment consists of fixed income sales, trading, matched book repo financing, and new issue placements in corporate and securitized products and advisory services, operating primarily through its subsidiaries. The Asset Management segment manages assets through investment vehicles, such as collateralized debt obligations, managed accounts, and investment funds.