Institutional Financial Markets, Inc. (COHN) to Issue Special Dividend of $2.00 on January 22nd

Institutional Financial Markets, Inc. (NYSEAMERICAN:COHN) declared 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 Stock Up 6.0%

Institutional Financial Markets stock opened at $24.99 on Monday. The business’s 50-day simple moving average is $15.55 and its two-hundred day simple moving average is $12.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.89 and a current ratio of 0.89. The company has a market cap of $50.98 million, a PE ratio of 10.54 and a beta of 1.25. Institutional Financial Markets has a fifty-two week low of $6.10 and a fifty-two week high of $26.32.

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 for the quarter. The company had revenue of $71.98 million for the quarter. Institutional Financial Markets had a return on equity of 16.74% and a net margin of 2.29%.

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.