Cowen Group, Inc. Declares Quarterly Dividend on Its Series A Cumulative Perpetual Convertible Preferred Stock
announced that its board of directors has declared a quarterly cash
dividend of
Perpetual Convertible Preferred Stock (the “Convertible Preferred
Stock”).
The quarterly dividend on the Convertible Preferred Stock is payable on
2016
About
with its consolidated subsidiaries, provides alternative asset
management, investment banking, research, sales and trading and prime
brokerage services through its two business segments: Ramius and its
affiliates make up the Company’s alternative investment segment, while
segment. Ramius provides alternative asset management solutions to a
global client base and manages a significant portion of Cowen’s
proprietary capital.
focused investment banking for growth-oriented companies, domain
knowledge-driven research, a sales and trading platform for
institutional investors and a comprehensive suite of prime brokerage
services. Founded in 1918, the firm is headquartered in
offices worldwide. For additional information, visit www.cowen.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements. Forward-looking
statements provide the Company’s current expectations or forecasts of
future events. Forward-looking statements include statements about the
Company’s expectations, beliefs, plans, objectives, intentions,
assumptions and other statements that are not historical facts.
Forward-looking statements are subject to known and unknown risks and
uncertainties and are based on potentially inaccurate assumptions that
could cause actual results to differ materially from those expected or
implied by the forward-looking statements. The Company’s actual results
could differ materially from those anticipated in forward-looking
statements for many reasons, including the factors described in the
section entitled “Risk Factors” in the Company’s Annual Report on Form
10-K and “Management’s Discussion and Analysis of Financial Condition
and Results of Operations” in the Company’s Annual Report on Form 10-K
and Quarterly Reports on Form 10-Q, as filed with the
Exchange Commission
Reports on Form 10-Q are available at our website at www.cowen.com
and at the
Unless required by law, the Company undertakes no obligation to publicly
update or revise any forward-looking statement to reflect circumstances
or events after the date of this press release.
SOURCE:
View source version on businesswire.com: http://www.businesswire.com/news/home/20160428005334/en/
Source:
Cowen Group, Inc.
Stephen Lasota, 212-845-7919