JMP Group (JMP) Declares $0.07 Quarterly Dividend; 4% Yield; Adds 1M Common to Buyback

JMP Group (NYSE: JMP) declared a quarterly dividend of $0.07 per share, or $0.28 annualized.

The dividend will be payable on November 28, 2014, to stockholders of record on November 14, 2014, with an ex-dividend date of November 12, 2014.

The annual yield on the dividend is 4 percent.

In addition, the board of directors has increased the company’s share repurchase authorization to 1,000,000 shares through December 31, 2015. Under the board’s prior authorization, which was granted earlier this month, as of October 27, 2014, 473,716 shares remained eligible for repurchase through December 31, 2014.

For a dividend history and other dividend-related data on JMP Group (JMP) click here.

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