Oppenheimer Holdings (OPY) Declares $1.00 Special Dividend; 2.3% Yield

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OPPENHEIMER HOLDINGS INC. DECLARES SPECIAL DIVIDEND

December 14, 2021 4:56 PM EST

NEW YORK, Dec. 14, 2021 /PRNewswire/ - Oppenheimer Holdings Inc. (NYSE: OPY) (the "Company" or "Firm) today announced that its Board of Directors has declared a special cash dividend on the Company's Class A non-voting and Class B voting common stock of $1.00 per share, payable December 31, 2021, to shareholders of record at the close of business on December 27, 2021. The aggregate payment will be approximately $12.5 million. The special dividend will be funded through existing cash.

Albert G. Lowenthal, Chairman and CEO commented: "We are pleased that the Firm's operating results for a... More