JMP Group Declares First Quarter 2016 Monthly Distributions
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SAN FRANCISCO--(BUSINESS WIRE)-- 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 $0.04 per share for the months of January, February and March 2016.
In total, the three monthly distributions equal $0.12 per share for the first quarter of the year, equivalent to the amount for the prior quarter and an increase of 14% from the total of $0.105 for first quarter of 2015.
The January distribution is payable on February 15, 2016, to shareholders of record as of January 29, 2016. The February distribution is payable on March 15, 2016, to shareholders of record as of February 29, 2016. The March distribution is payable on April 15, 2016, to shareholders of record as of March 31, 2016.
About JMP Group
JMP Group LLC is an investment banking and asset management firm that provides investment banking, equity research, and sales and trading services to corporate and institutional clients as well as alternative asset management products and services to institutional and high-net-worth investors. JMP Group conducts its investment banking and research, sales and trading activities through JMP Securities; its hedge fund and other investment activities though Harvest Capital Strategies; the underwriting and management of investments in senior secured debt through JMP Credit Advisors; and the management of Harvest Capital Credit Corporation (NASDAQ: HCAP), a business development company that finances small and midsized businesses, through HCAP Advisors. For more information, visit www.jmpg.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160120005346/en/
Investor Relations Contact
JMP Group LLC
Andrew Palmer,
415-835-8978
[email protected]
or
Media
Relations Contacts
Dukas Linden Public Relations
Seth
Linden, 212-704-7385
[email protected]
Zach
Leibowitz, 212-704-7385
[email protected]
Source: JMP Group LLC
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