Oppenheimer Holdings (OPY) Declares $0.11 Quarterly Dividend; 2.5% Yield

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Oppenheimer Holdings Inc. Reports First Quarter 2017 Earnings and Announces Quarterly Dividend

April 28, 2017 10:16 AM EDT

NEW YORK, April 28, 2017 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) today reported a net loss of $4.8 million or $0.36 basic net loss per share for the first quarter of 2017 compared with a net loss of $3.8 million or $0.29 basic net loss per share for the first quarter of 2016.  Loss before income taxes from continuing operations was $7.0 million for the first quarter of 2017, significantly impacted by a charge in the amount of $6.4 million, compared with a loss before income taxes from continuing operations of $7.3 million for the first quarter of 2016.  The charge was... More