SAN FRANCISCO--(BUSINESS WIRE)--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 $0.06 per share for the second quarter of 2014, an increase of 20% from $0.05 per share for the prior quarter, marking the fourth consecutive quarter in which the company has raised its dividend. The dividend will be paid on Friday, August 29, 2014, to common stockholders of record as of Friday, August 15, 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 and services 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.
