This Investment Bank Underwrites 13% Of IPOs And Pays A Growing 5.76% Dividend

JMP Group (NYSE: JMP): Microcap Investment Bank and Asset Management Firm Paying 5.76% DividendJMP Group is a San Francisco investment banking and asset management firm with a market cap of $165M. JMP provides investment banking, sales and trading, and equity research services to corporate and institutional clients as well as alternative asset management products to institutional and high net-worth investors.The Company operates in five segments: Broker-Dealer, Asset Management, Corporate Credit, Investment Income and Corporate Costs. The Broker-Dealer segment includes a range of services, such as underwriting and acting as a placement agent for public and private capital markets raising transactions and financial advisory services in mergers and acquisitions, restructuring and other strategic transactions. The Asset Management segment includes the management of a range of pooled investment vehicles. The Corporate Credit segment includes the management of collateralized loan obligations and small business loans. The Investment Income segment includes income from the Company's principal investments in public and private securities. The Corporate Costs segment includes expenses related to JMP Group Inc., the holding company, and JMP Group LLC, and comprises corporate overhead expenses and interest expense.-- NY TimesFigure 1. One-year chart for JMP Group (stockcharts.com)Dividends and Share BuybacksBeginning in 2015, JMP has paid dividends monthly. For Q2'15 the monthly dividend... Read more