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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. This dividend will be payable on February 15, 2022, to shareholders recorded as of February 1, 2022. Cowen, a diversified financial services firm founded in 1918, provides various investment banking, research, and alternative investment services globally.

Positive
  • Quarterly dividend of $14.06 per share demonstrates commitment to returning value to shareholders.
  • Dividend payment supports investor confidence.
Negative
  • None.

NEW YORK, Jan. 26, 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 February 15, 2022, to holders of record at the close of business on February 1, 2022.

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. has declared a dividend of $14.06 per share.

When is the dividend payable?

The dividend is payable on February 15, 2022.

What is the record date for the dividend?

The record date for the dividend is February 1, 2022.

What is the yield of Cowen's Convertible Preferred Stock?

The yield is based on a 5.625% rate.

How often does Cowen Inc. pay dividends?

Cowen Inc. pays dividends quarterly.

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