Oppenheimer Holdings (OPY) Declares $0.11 Quarterly Dividend; 2.3% Yield

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Oppenheimer Holdings Inc. Reports Fourth Quarter and Full Year 2016 Earnings and Announces Quarterly Dividend

January 27, 2017 8:00 AM EST

NEW YORK, Jan. 27, 2017 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported a net loss of $1.8 million or $0.13 basic net loss per share for the fourth quarter of 2016 compared with a net loss of $3.1 million or $0.23 basic net loss per share for the fourth quarter of 2015.  Loss before income taxes from continuing operations was $7.5 million for the fourth quarter of 2016 compared with a loss before income taxes from continuing operations of $4.6 million for the fourth quarter of 2015.  Net income from discontinued operations was $759,000 for the fourth quarter of 2016 compared with net income... More