Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock
Rhea-AI Summary
Raymond James Financial (NYSE: RJF) has declared quarterly dividends on its common and preferred stock. The Board of Directors approved a $0.45 per share cash dividend on common stock, payable on October 15, 2024, to shareholders of record on October 1, 2024. Additionally, a quarterly dividend of $0.3984375 per depositary share was declared on the 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable on October 1, 2024, to shareholders of record on September 13, 2024. This dividend declaration demonstrates Raymond James Financial's commitment to returning value to its shareholders and maintaining its dividend policy.
Positive
- Consistent dividend payments indicate financial stability
- Dividend of $0.45 per share on common stock provides income for shareholders
- Preferred stock dividend of $0.3984375 per depositary share offers additional shareholder returns
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, RJF gained 0.36%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
ST. PETERSBURG, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- On August 21, 2024, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of
The Board declared a quarterly dividend of
About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,800 financial advisors. Total client assets are
Forward-Looking Statements
Certain statements made in this press release may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future shareholder distributions. Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission (the “SEC”) from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at www.raymondjames.com and the SEC’s website at www.sec.gov. We expressly disclaim any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events, or otherwise.
FAQ
What is the dividend amount for Raymond James Financial (RJF) common stock?
When is the payment date for RJF's common stock dividend?
What is the record date for RJF's common stock dividend?
What is the dividend amount for RJF's preferred stock?
When will RJF pay the preferred stock dividend?
