Siebert Financial Corp.(NASDAQ:SIEB) Declares Dividend of $0.2000.

Siebert Financial Corp. (NASDAQ:SIEB) had declared a cash dividend of $0.2000 on Oct 3, 2016. The shares will quote ex-dividend on Oct 11, 2016 and the record date has been fixed for Oct 13, 2016. On Oct 3, 2016 share price, the yield comes out to be 14.2857%. The dividend payable date has been fixed on Oct 24, 2016.

Siebert Financial Corp. (SIEB) made into the market gainers list on Fridays trading session with the shares advancing 0.70% or 0.01 points. Due to strong positive momentum, the stock ended at $1.43, which is also near the day’s high of $1.44. The stock began the session at $1.42 and the volume stood at 16,212 shares. The 52-week high of the shares is $2.2 and the 52 week low is $1. The company has a current market capitalization of $32 M and it has 2,20,85,126 shares in outstanding.

Siebert Financial Corp. (Siebert) is a holding company that conducts its retail discount brokerage and investment banking business through its wholly owned subsidiary Muriel Siebert and Co. Inc. The Company’s principal activity is providing online and traditional discount brokerage and related services to retail investors. In addition Siebert Brandford Shank Financial L.L.C. a company in which Siebert holds a 49% ownership interest is the Minority and Women’s Business Enterprise in the tax-exempt underwriting business in the United States. The Company’s Retail Division includes Discount Brokerage and Related Services Independent Retail Execution Services Retail Customer Service Retirement Accounts Customer Financing and Information and Communications Systems. Siebert’s Capital Markets Group (SCM) division serves the Company as a co-manager underwriting syndicate member or selling group member on a spectrum of securities offerings for corporations and Federal agencies.

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