Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend
Rhea-AI Summary
Stifel Financial Corp. (NYSE: SF) has announced its Board of Directors' declaration of quarterly dividends. The common stock dividend is set at $0.42 per share, payable December 16, 2024, to shareholders of record as of December 2, 2024. Additionally, quarterly cash dividends were declared for three preferred stock series: Series B (6.25%) at $0.390625 per depositary share, Series C (6.125%) at $0.3828125 per depositary share, and Series D (4.50%) at $0.281250 per depositary share. These preferred stock dividends cover the period from September 17, 2024, to December 16, 2024, with the same record and payment dates as the common stock dividend.
Positive
- Regular dividend payment demonstrates financial stability
- Multiple dividend streams through common and preferred stocks
- Maintaining consistent shareholder returns
Negative
- None.
News Market Reaction – SF
In the trading session that priced this news, SF declined 0.58%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ST. LOUIS, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of
The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its
The Company’s Series B Preferred Stock trades on the New York Stock Exchange under the symbol “SF PrB”, the Company’s Series C Preferred Stock trades on the New York Stock Exchange under the symbol “SF PrC”, and the Company’s Series D Preferred Stock trades on the New York Stock Exchange under the symbol “SF PrD.”
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.
Stifel Investor Relations Contact
Joel Jeffrey, Senior Vice President
(212) 271-3610 direct
investorrelations@stifel.com
