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

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Cowen announced a quarterly cash dividend of $14.06 per share on its 5.625% Series A Cumulative Perpetual Convertible Preferred Stock. The dividend will be payable on August 16, 2021, to shareholders on record as of August 1, 2021. This reflects Cowen's commitment to returning value to its investors and maintaining strong shareholder relations.

Positive
  • Declared quarterly cash dividend of $14.06 per share.
  • Demonstrates commitment to return value to shareholders.
  • Dividend payment scheduled for August 16, 2021.
Negative
  • None.

NEW YORK, July 28, 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 August 16, 2021, to holders of record at the close of business on August 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 for Cowen Inc. in 2021?

Cowen Inc. declared a dividend of $14.06 per share on its Convertible Preferred Stock.

When is the dividend payable for Cowen Inc.?

The dividend is payable on August 16, 2021.

What is the record date for the Cowen Inc. dividend?

The record date for the dividend is August 1, 2021.

How often does Cowen Inc. pay dividends?

Cowen Inc. pays dividends quarterly.

What type of stock is the dividend declared on?

The dividend is declared on the 5.625% Series A Cumulative Perpetual Convertible Preferred Stock.

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