Company: COHN
Filing Date: 2025-08-04
Form Type: 10-Q
Source: 0001437749-25-024506
Chunk: 290

Company: Cohen & Co Inc.
Filing Date: 2025-08-04
Form: 10-Q
Item: Item 8
Chunk 290
---
 directors declared a dividend of $0.20 per quarter, which was paid regularly through the first quarter of 2019.  Each time a cash dividend was declared by our board of directors, a pro rata distribution was made to the other members of the Operating LLC upon payment of dividends to our stockholders. 

On July 29, 2021, our board of directors reinstated our quarterly dividend declaring a cash dividend of $0.25 per share.  We have paid a quarterly cash dividend of $0.25 regularly since that date.  In addition to our routine quarterly distribution, on March 8, 2022, our board of directors declared a special cash dividend of $0.75 per share.  On July 31, 2025, our board of directors declared a quarterly cash dividend of $0.25 per share on its Common Stock.  The dividends are payable on August 29, 2025 to stockholders of record as of August 15, 2025.

We had the following financing transactions in excess of $1,000 during the six months ended June 30, 2025 excluding dividends paid on Common Stock, the pro rata distributions made to the convertible non-controlling interest, and non-cash items:

     ● 
     $2,573 in cash used to repay the 2024 Note, and

     ● 
     $2,669 in cash received as non-convertible non-controlling interest contributions.

During the six months ended June 30, 2024, we had $3,567 in non convertible non-controlling interests distributions.  Otherwise, we had no financing transactions in excess of $1,000 during the six months ended June 30, 2024 excluding dividends paid on Common Stock, the pro rata distributions made to the convertible non-controlling interest, and non-cash items.

       83

Cash Flows 

﻿ 

We have seven primary uses for capital:

﻿ 

     (1)
      To fund the operations of our Capital Markets business segment. Our Capital Markets business segment utilizes capital (i) to fund securities inventory to facilitate client trading activities, (ii) for risk trading for our own account, (iii) to fund our collateralized securities lending activities, (iv) for temporary capital needs associated with underwriting activities, (v) to fund business expansion into existing or new product lines including additional capital dedicated to our mortgage group as well as