 NEW YORK, July 28, 2020 GLOBE NEWSWIRE -- Cowen Inc. NASDAQ:COWN Cowen or the Company today announced that its Board of Directors has declared a quarterly cash dividend of 14.06 per share on the Companys 5.625 Series A Cumulative Perpetual Convertible Preferred Stock the Convertible Preferred Stock. The quarterly dividend on the Convertible Preferred Stock is payable on August 17, 2020, to holders of record at the close of business on August 1, 2020. About Cowen Inc.Cowen Inc. Cowen or the Company is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide. Learn more at Cowen.comFor further information, contact:Cowen Inc. J.T. Farley, Investor Relations 646 562-1056 