Oppenheimer Holdings Raises Quarterly Dividend

Oppenheimer Holdings Inc. raised its quarterly dividend to $0.20 per share from $0.18, an 11.11% increase, with the shares trading ex-dividend on May 15, 2026.

The new payout implies an annual dividend of $0.80 per share and a forward annual yield of 0.8%, based on a share price of $99.90. The increase marks the company’s 30th consecutive year of dividend growth, according to SmarterDividends’ locked dividend data.

Oppenheimer, which trades under the ticker OPY, is a financial services company with operations spanning wealth management, investment banking, capital markets, asset management and related advisory services. The company is headquartered in New York and operates as an independent investment bank and brokerage firm, according to its public company profile and SEC-linked background information compiled on Oppenheimer Holdings.

The dividend action comes from a company with a market capitalization of $1,069,729,728 and a dividend safety score of 94 out of 100, equivalent to an A grade, according to SmarterDividends’ data. No prior dividend cut year is listed in the locked facts.

Context

For financial services firms, dividend growth is typically watched as a signal of capital discipline and earnings durability, though the sector can be sensitive to market activity, advisory fees, trading conditions and client asset levels. Oppenheimer’s business mix includes wealth management and capital-markets-related services, which can provide recurring client relationships but also expose results to changes in investor sentiment and transaction volumes.

The latest dividend increase is modest in absolute dollars but notable for its continuity. A 30-year growth record places Oppenheimer among companies with long-running shareholder-return programs, even though its current yield remains below 1%.

What It Means For Income Investors

For income-focused investors, the increase raises the quarterly cash payment while keeping the yield at 0.8%. The key takeaway is not a high current yield, but the continuation of a multi-decade dividend growth record and a high safety grade. As always, the dividend remains subject to future board approval and the company’s financial performance.