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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 declared a quarterly cash dividend of $14.06 per share on its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. The dividend payment is scheduled for August 15, 2022, to shareholders on record as of August 1, 2022. This announcement highlights Cowen's commitment to returning value to its shareholders through consistent dividend payments.

Positive
  • Quarterly cash dividend of $14.06 per share demonstrates commitment to shareholder returns.
  • Scheduled payment date of August 15, 2022, shows timely disbursement.
Negative
  • None.

NEW YORK, July 29, 2022 (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 August 15, 2022, to holders of record at the close of business on August 1, 2022.

About Cowen Inc.

Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm that provides investment banking, research, sales and trading, prime brokerage, outsourced trading, and commission management services. Cowen also has an investment management division which offers actively managed alternative investment products. 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 for Cowen Inc. in 2022?

The dividend amount for Cowen Inc. in 2022 is $14.06 per share.

When is the dividend payment date for Cowen Inc.?

The dividend payment date for Cowen Inc. is August 15, 2022.

Who receives the dividend from Cowen Inc.?

Shareholders on record as of August 1, 2022, will receive the dividend from Cowen Inc.

What type of stock is the dividend associated with?

The dividend is associated with Cowen's 5.625% Series A Cumulative Perpetual Convertible Preferred Stock.

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