Stifel Raises Quarterly Common Stock Cash Dividend by 10% and Declares Preferred Stock Cash Dividend

Rhea-AI Summary

Stifel Financial Corp. (NYSE: SF) has announced a 10% increase in its quarterly common stock cash dividend to $0.46 per share, payable March 17, 2025, to shareholders of record as of March 3, 2025. The company also declared quarterly cash dividends for its preferred stock series:

- Series B Preferred Stock: $0.390625 per depositary share ($390.625 per share)
- Series C Preferred Stock: $0.3828125 per depositary share ($382.8125 per share)
- Series D Preferred Stock: $0.281250 per depositary share ($281.250 per share)

These preferred stock dividends cover the period from December 16, 2024, to March 17, 2025, and will be paid to shareholders of record on March 3, 2025.

Positive

• 10% increase in quarterly common stock dividend
• Consistent dividend payments across multiple preferred stock series
• Maintained strong dividend distribution capability

Negative

• None.

News Market Reaction – SF

+2.00%

1 alert

+2.00% News Effect

On the day this news was published, SF gained 2.00%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

ST. LOUIS, Jan. 28, 2025 (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 $0.46 per share, payable March 17, 2025, to shareholders of record at the close of business on March 3, 2025.

The Board of Directors also declared a quarterly cash dividend on the outstanding shares of its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B (the “Series B Preferred Stock”), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C (the “Series C Preferred Stock”), and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D (the “Series D Preferred Stock”). The declared cash dividend on the Series B Preferred Stock, Series C Preferred Stock, and Series D Preferred Stock is for the period from December 16, 2024, up to, but excluding, March 17, 2025. The declared cash dividend equated to approximately $0.390625 per depositary share, or $390.625 per share of the Series B Preferred Stock outstanding. The declared cash dividend equated to approximately $0.3828125 per depositary share, or $382.8125 per share of the Series C Preferred Stock outstanding. The declared cash dividend equated to approximately $0.281250 per depositary share, or $281.250 per share of the Series D Preferred Stock outstanding. The cash dividends are payable on March 17, 2025 to shareholders of record on March 3, 2025.

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                                

FAQ

What is Stifel's (SF) new quarterly dividend amount for 2025?

Stifel's new quarterly common stock dividend is $0.46 per share, representing a 10% increase.

When is Stifel's (SF) March 2025 dividend payment date?

Stifel's dividend payment date is March 17, 2025, for both common and preferred stockholders.

What is the record date for Stifel's (SF) March 2025 dividend?

The record date for Stifel's March 2025 dividend is March 3, 2025.

How much is Stifel's (SF) Series B Preferred Stock dividend per share?

Stifel's Series B Preferred Stock dividend is $390.625 per share, or $0.390625 per depositary share.

What period does Stifel's (SF) preferred stock dividend cover?

The preferred stock dividend covers the period from December 16, 2024, up to, but excluding, March 17, 2025.