UPDATE: JMP Raises Qtr. Dividend from $0.04 to $0.045/Share

SAN FRANCISCO--(BUSINESS WIRE)-- JMP Group Inc.

, an investment banking and alternative asset management firm, announced today that its board of directors has voted to raise the company's cash dividend to $0.045 per share for the fourth quarter of 2013, an increase of 13% from $0.040 per share for the prior quarter. The dividend will be paid on Friday, April 11, 2014 to common stockholders of record as of Friday, March 28, 2014. About JMP Group JMP Group Inc. is an investment banking and asset management firm that 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. JMP Group operates through three subsidiaries: JMP Securities, Harvest Capital Strategies and JMP Credit Advisors. For more information, visit www.jmpg.com. Investor Relations Contact JMP Group Inc. Andrew Palmer, 415-835-8978 apalmer@jmpg.com or Media Relations Contact Dukas Public Relations Seth Linden, 212-704-7385 seth@dukaspr.com Zach Leibowitz, 212-704-7385 zach@dukaspr.com