BGC Partners, Inc. (BGCP) Announces $0.18 Quarterly Dividend

BGC Partners, Inc. (NASDAQ:BGCP) announced a quarterly dividend on Friday, February 9th, RTT News reports. Stockholders of record on Tuesday, February 27th will be paid a dividend of 0.18 per share by the financial services provider on Tuesday, March 13th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.46%. The ex-dividend date is Monday, February 26th.

Shares of BGC Partners (NASDAQ:BGCP) traded down $0.11 during trading on Friday, hitting $13.18. 807,476 shares of the stock were exchanged, compared to its average volume of 1,853,643. BGC Partners has a 12 month low of $10.39 and a 12 month high of $16.97. The company has a debt-to-equity ratio of 2.97, a quick ratio of 1.31 and a current ratio of 1.32. The company has a market cap of $3,934.23, a P/E ratio of 28.28 and a beta of 1.06.

A number of analysts have recently weighed in on BGCP shares. BidaskClub downgraded shares of BGC Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, December 15th. ValuEngine downgraded shares of BGC Partners from a “strong-buy” rating to a “buy” rating in a report on Friday, December 1st.

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BGC Partners Company Profile

BGC Partners, Inc (BGC) is a global brokerage company servicing the financial and real estate markets. The Company operates through two segments: Financial Services and Real Estate Services. It provides a range of services, including trade execution, broker-dealer services clearing, trade compression, post trade, information, and other back-office services to a range of financial and non-financial institutions.

Dividend History for BGC Partners (NASDAQ:BGCP)

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