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JMP Group Announces Amount Per Share of Special Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
JMP Group LLC (NYSE: JMP) has declared a special cash dividend of $0.248017 per share, totaling $5,000,000 in aggregate. This dividend is set to be paid on or before November 17, 2021, to common shareholders of record as of November 15, 2021. This move underscores JMP's commitment to returning value to its shareholders amidst its diverse offerings in investment banking and alternative asset management.
Positive
Announcement of a special cash dividend of $0.248017 per share.
Total dividend payout of $5,000,000 to shareholders.
Negative
None.
SAN FRANCISCO--(BUSINESS WIRE)--
JMP Group LLC (NYSE: JMP), an investment banking and alternative asset management firm, announced today that the amount of the previously disclosed special cash dividend will be $0.248017 per share.
On November 4, 2021, the company announced that it had declared a special cash dividend of $5,000,000 in aggregate to be paid on or before Wednesday, November 17, 2021, to common shareholders of record as of Monday, November 15, 2021.
About JMP Group
JMP Group LLC is a diversified capital markets firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities and its venture capital and private capital activities through Harvest Capital Strategies and JMP Asset Management. For more information, visit www.jmpg.com.
