Dividend Power Score
A single, comprehensive score designed to measure the true strength of a company’s dividend.
This score combines three essential pillars of dividend quality:
Consistency – Measures how reliable the dividend has been over time, focusing on payment history, stability, and the absence of cuts or suspensions.
Payability – Assesses the company’s financial ability to sustain its dividend, taking into account cash flow, earnings coverage, balance sheet strength, and overall financial health.
Growth – Evaluates the long-term growth of both the dividend and the company’s share price, highlighting businesses that consistently increase payouts while creating shareholder value.
Higher scores identify companies that have historically delivered dependable income alongside sustained dividend growth and long-term capital appreciation.
Company Overview
Cohen & Company Inc. is a publicly traded financial services company operating primarily in the investment banking, broker-dealer, and asset management industries. The company focuses on providing capital markets, advisory, and trading services to institutional clients, with a particular emphasis on specialized asset classes and niche markets. Its core activities are conducted through regulated subsidiaries, most notably Cohen & Company Securities, LLC, which serves as its principal operating broker-dealer.
The company’s primary revenue drivers include investment banking advisory fees, capital markets underwriting, trading revenues, and asset management fees. Cohen & Company is strategically positioned as a niche financial services firm with expertise in structured financial products, alternative investments, and sector-focused advisory services. Founded in the 1990s, the company evolved from a boutique investment banking firm into a diversified financial services platform, expanding its offerings through both organic growth and targeted acquisitions.
Business Operations
Cohen & Company operates through distinct but integrated business segments, primarily Investment Banking, Capital Markets & Trading, and Asset Management. These segments generate revenue through advisory fees, underwriting commissions, trading spreads, and management fees. Operations are conducted mainly in the United States, with select international activities tied to cross-border transactions and investment products.
The company controls key regulated entities, including Cohen & Company Securities, LLC, which is registered with the SEC and FINRA. Through its asset management activities, the firm sponsors and manages investment vehicles focused on alternative asset classes, including real estate and credit-oriented strategies. The company also engages in strategic partnerships with institutional investors and issuers, although it does not rely on large-scale joint ventures as a core operating model.
Strategic Position & Investments
Cohen & Company’s strategic direction emphasizes growth in specialized investment banking and asset management capabilities, particularly in sectors where large financial institutions have limited focus. The company has pursued selective acquisitions and investments to expand its product offerings and deepen sector expertise, while maintaining a disciplined balance sheet approach.
Notable investments and subsidiaries include asset management platforms and investment vehicles sponsored by Cohen & Company Securities, LLC, as well as minority interests in financial services-related businesses. The firm has demonstrated an ongoing interest in alternative investments and structured financial products, aligning its strategy with institutional demand for differentiated yield and advisory expertise.
Geographic Footprint
Cohen & Company is headquartered in the United States, with its principal offices located in New York and Philadelphia. Its operations are primarily domestic, reflecting its focus on U.S. capital markets and institutional clients.
International exposure is generally indirect, arising from cross-border investment banking transactions, foreign investors participating in managed funds, and global capital flows into U.S.-based alternative investment products. The company does not maintain a large physical footprint outside North America but retains the capability to execute international transactions through its regulatory licenses and professional networks.
Leadership & Governance
Cohen & Company is led by an executive team with long-standing experience in investment banking and financial markets. The leadership emphasizes disciplined risk management, sector specialization, and long-term value creation for shareholders, consistent with the firm’s niche positioning.
Key executives include:
- Daniel G. Cohen – President and Chief Executive Officer
- Richard A. Herrera – Chief Financial Officer
- Jeffrey A. Levin – Managing Director, Investment Banking
- Paul M. Cooney – Managing Director
The company is governed by a board of directors that includes executive and independent members, with oversight of strategy, risk management, and regulatory compliance in accordance with U.S. public company standards.