Oppenheimer Holdings Inc. announced a special cash dividend for its Class A and Class B shares.
The special dividend of $1.00 per share will be payable on January 9, 2026.
The total aggregate payment is expected to be approximately $10.5 million.
Special Dividend Declaration
The Board of Directors declared a special cash dividend of $1.00 per share.
Funding Source
The special dividend will be funded through Oppenheimer Holdings Inc.'s existing cash management activities.
Shareholder Benefit
The dividend aims to reward shareholders for their loyalty and is a reflection of the company's positive financial position.
- The special dividend reflects the company's confidence in its financial performance and future prospects.
- Shareholders are likely to view this dividend positively, indicating stability and growth potential within the company.
The announcement of the special dividend underscores the company's commitment to shareholder value and financial strength, positioning it well for continued growth in the future.