Institutional Financial Markets, Inc. (COHN) to Issue Quarterly Dividend of $0.25 on April 3rd

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) announced a quarterly dividend on Friday, March 6th. Investors of record on Friday, March 20th will be given a dividend of 0.25 per share by the financial services provider on Friday, April 3rd. This represents a c) annualized dividend and a dividend yield of 6.0%. The ex-dividend date is Friday, March 20th.

Institutional Financial Markets Stock Performance

Shares of COHN opened at $16.73 on Wednesday. The stock has a market capitalization of $40.99 million, a PE ratio of 3.31 and a beta of 1.31. The business’s fifty day moving average price is $17.66 and its 200 day moving average price is $15.28. The company has a debt-to-equity ratio of 0.32, a current ratio of 0.92 and a quick ratio of 0.92. Institutional Financial Markets has a 12-month low of $6.10 and a 12-month high of $32.60.

Institutional Financial Markets (NYSEAMERICAN:COHN) last issued its earnings results on Friday, March 6th. The financial services provider reported $2.97 earnings per share for the quarter. Institutional Financial Markets had a net margin of 5.24% and a return on equity of 43.35%. The company had revenue of $96.20 million for the quarter.

Insider Buying and Selling

In related news, major shareholder Circle 2 Sponsor Corp Columbus bought 265,000 shares of the firm’s stock in a transaction on Thursday, February 12th. The stock was bought at an average cost of $10.00 per share, for a total transaction of $2,650,000.00. Following the completion of the purchase, the insider directly owned 265,000 shares in the company, valued at approximately $2,650,000. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 76.15% of the stock is currently owned by insiders.

About Institutional Financial Markets

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.