JMP Group Inc. (NYSE: JMP), an investment banking and alternative asset management firm, announced today that its board of directors has voted to raise the company’s cash dividend to $0.045 per share for the fourth quarter of 2013, an increase of 13% from $0.040 per share for the prior quarter. The dividend will be paid on Friday, April 11, 2014 to common stockholders of record as of Friday, March 28, 2014.
About JMP Group
JMP Group Inc. is an investment banking and asset management firm that provides investment banking, sales and trading, and equity research services to corporate and institutional clients as well as alternative asset management products to institutional and high-net-worth investors. JMP Group operates through three subsidiaries: JMP Securities, Harvest Capital Strategies and JMP Credit Advisors. For more information, visit www.jmpg.com.
Contacts:
JMP Group Inc.
Andrew
Palmer, 415-835-8978
apalmer@jmpg.com
or
Media
Relations Contact
Dukas Public Relations
Seth Linden,
212-704-7385
seth@dukaspr.com
Zach
Leibowitz, 212-704-7385
zach@dukaspr.com