JMP Group LLC (NYSE:JMP), an investment banking and alternative asset management firm, announced today that its board of directors has declared cash distributions of $0.035 per share for the months of January, February and March, 2015. In total, the three monthly payments equate to a cash distribution of $0.105 for the first quarter of the year, an increase of 50% from the most recent cash dividend of $0.070 paid by JMP Group Inc., the company’s predecessor, to stockholders of record as of November 14, 2014.
The January distribution is payable on or before February 13, 2015, to shareholders of record as of January 30, 2015. The February distribution is payable on or before March 13, 2015, to shareholders of record as of February 27, 2015. The March distribution is payable on or before April 15, 2015, to shareholders of record as of March 31, 2015.
About JMP Group
JMP Group LLC 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.
Contacts:
JMP Group LLC
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