SAN FRANCISCO--(EON: Enhanced Online News)--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 $0.040 per share for the third quarter of 2013, an increase of 14% from $0.035 per share for the prior quarter. The dividend will be paid on Friday, November 29, 2013 to common stockholders of record as of Friday, November 15, 2013.
About JMP Group
JMP Group Inc. is a full-service 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.