Company: COHN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001437749-25-033482
Chunk: 227

Company: Cohen & Co Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 227
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 Stock on each matter submitted to the holders for their vote.  As of  September 30, 2025, there were 22,429,541 shares of Series F Preferred Stock issued and outstanding.  For a more detailed description of these shares see note 21 to the Company’s Annual Report on Form 10-K for the year ended  December 31, 2024.
    
   Cash Dividends 
    
   On each of  March 10, 2025,  May 1, 2025, and  July 31, 2025, the Company's board of directors declared a quarterly cash dividend of $0.25 per share on its Common Stock.  The dividends were paid on  April 9, 2025,  June 2, 2025, and  August 29, 2025, respectively, to stockholders of record on  March 26, 2025,  May 16, 2025, and  August 15, 2025, respectively.  Pro rata distributions were made to the other members of the Operating LLC upon payment of dividends to the Company's stockholders. On  November 4, 2025, the Company's board of directors declared a cash dividend of $0.25 per share on its Common Stock. The dividends are payable  December 3, 2025, to shareholders of record as of  November 19, 2025.
    
   During the nine months ended  September 30, 2025, Cohen & Company Inc. received and surrendered units of the Operating LLC. The following table displays the number of units received (net of surrenders) by Cohen & Company Inc.

       Nine Months Ended  
   September 30, 2025  
 Issuance as equity-based compensation   1,055,940 
 Total   1,055,940 

   The Company recognized a net increase in additional paid in capital of $512 and a net decrease in AOCI of $13 with an offsetting decrease in non-controlling interest of $499 in connection with the acquisition and surrender of additional units of the Operating LLC during the nine months ended  September 30, 2025. The following schedule presents the effects of changes in Cohen & Company Inc.’s ownership interest in the Operating LLC on the equity attributable to Cohen & Company Inc. for the nine months ended