On February 27, 2020, the board of directors of GMP Capital Inc. approved a quarterly cash dividend of $0.2257 per cumulative 5-year rate reset preferred share, Series B, and $0.282848 per cumulative floating rate preferred shares, Series C, each payable on March 31, 2020, to preferred shareholders of record on March 16, 2020.

The board of directors also declared a regular quarterly cash dividend of $0.025 per common share, payable on March 31, 2020, to common shareholders of record on March 16, 2020.

The company announced that after 14 years, Deborah Starkman, Chief Financial Officer and Corporate Secretary, will be leaving the Company March 31, 2020, to pursue other opportunities. Ms. Starkman joined GMP in 2006 as Head of Regulatory Reporting and Risk Management. She assumed the role of Chief Financial Officer and Corporate Secretary of GMP in 2012. The Company is currently executing a search for a new CFO. The Company also announced that, Kevin Sullivan, a founding member of GMP, resigned from the Board of Directors effective February 27, 2020.