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Cowen Declares Quarterly Dividend On Its Series A Cumulative Perpetual Convertible Preferred Stock

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Cowen Inc. (NASDAQ:COWN) has announced a quarterly cash dividend of $14.06 per share for its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. This dividend is set to be paid on February 16, 2021, to shareholders on record as of February 1, 2021. Cowen provides diverse financial services, including investment banking, equity and credit research, and alternative investment products, focused on delivering client value.

Positive
  • Quarterly cash dividend of $14.06 per share increases shareholder income.
Negative
  • No significant negative aspects reported.

NEW YORK, Jan. 26, 2021 (GLOBE NEWSWIRE) -- Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $14.06 per share on the Company’s 5.625% Series A Cumulative Perpetual Convertible Preferred Stock (the “Convertible Preferred Stock”).

The quarterly dividend on the Convertible Preferred Stock is payable on February 16, 2021, to holders of record at the close of business on February 1, 2021.

About Cowen Inc.

Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.com

For further information, contact:

Cowen Inc.
J.T. Farley, Investor Relations
(646) 562-1056
james.farley@cowen.com


FAQ

What is the dividend amount declared by Cowen Inc.?

Cowen Inc. declared a dividend of $14.06 per share.

When is the dividend payment date for Cowen Inc.?

The dividend payment date is February 16, 2021.

Who qualifies for the dividend from Cowen Inc.?

Holders of record at the close of business on February 1, 2021, qualify for the dividend.

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