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

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 of this dividend is Wednesday, January 7th.

Institutional Financial Markets Price Performance

COHN stock traded up $0.06 during trading on Monday, hitting $15.50. The company had a trading volume of 57,354 shares, compared to its average volume of 11,635. Institutional Financial Markets has a fifty-two week low of $6.10 and a fifty-two week high of $20.70. The firm has a market capitalization of $31.62 million, a price-to-earnings ratio of 6.54 and a beta of 1.28. The business has a 50 day moving average of $13.85 and a 200 day moving average of $11.96. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 0.32.

Institutional Financial Markets (NYSEAMERICAN:COHN) last posted its quarterly earnings data 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 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.