FBR & Co. (FBRC) Declares $0.20 Quarterly Dividend; 4.4% Yield

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Go back to FBR & Co. (FBRC) Declares $0.20 Quarterly Dividend; 4.4% Yield

FBR & Co. Reports First Quarter 2016 Financial Results

April 27, 2016 8:05 AM EDT

Declares $0.20 per Share Quarterly Cash Dividend

Financial Highlights for the three months ended March 31, 2016:

Net revenues of $17.9 millionNet loss of $5.5 million, or $0.72 per shareRepurchased 545 thousand shares of common stock, through a combination of open market purchases and tax settlements on employee share vestings, at a total cost of $9.1 millionShareholders equity of $195 million and tangible book value per share of $24.60 on March 31, 2016  

ARLINGTON, Va., April 27, 2016 (GLOBE NEWSWIRE) -- FBR & Co. (NASDAQ: FBRC) ("FBR"... More