[8-K] Raymond James Financial, Inc. Reports Material Event

Rhea-AI Filing Summary

Raymond James Financial, Inc. reported a material event in an 8-K dated August 20, 2025 announcing that its Board declared a quarterly cash dividend of $0.3984375 per depositary share on its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB). The dividend is payable October 1, 2025 to holders of record on September 15, 2025. The press release announcing the declaration is furnished as Exhibit 99.1 and is incorporated by reference into the report. The filing notes the exhibit is being "furnished" and not "filed" for purposes of Section 18 of the Exchange Act.

Positive

• Quarterly dividend declared of $0.3984375 per depositary share for RJF PrB, showing continued distributions to preferred shareholders
• Clear record and payment dates provided: record date September 15, 2025 and payment date October 1, 2025

Negative

• None.

Insights

Securities Analyst

TL;DR: Board declared a customary quarterly preferred dividend; filing is furnished not filed.

The declaration of a $0.3984375 per depositary share quarterly dividend on the Series B preferred is a routine financing distribution consistent with a fixed-to-floating perpetual preferred security paying a scheduled dividend. Because this announcement is furnished as an exhibit rather than filed, it is informational and limits certain legal liabilities tied to Section 18. For investors in RJF PrB, the key actionable facts are the dividend amount, record date of September 15, 2025, and payment date of October 1, 2025.

Corporate Governance Expert

TL;DR: Dividend decision reflects Board action on preferred class; disclosure method is standard.

The Board's declaration of the preferred dividend is a governance action affecting holders of the Series B depositary shares; it does not indicate changes to common dividends or broader capital policy. The company explicitly states the press release is "furnished," which is customary to provide timely investor notice while avoiding incorporation-by-reference liabilities. No additional corporate actions or amendments are described in the provided text.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

August 20, 2025

Date of Report (date of earliest event reported)

RAYMOND JAMES FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Florida

1-9109

59-1517485

(State or other jurisdiction of incorporation)

(Commission File Number)

(I.R.S. Employer Identification No.)

880 Carillon Parkway

St. Petersburg

Florida

33716

(Address of principal executive offices)

(Zip Code)

(727) 567-1000

(Registrant’s telephone number, including area code)

None

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

Title of each class			Trading Symbol(s)			Name of each exchange on which registered
Common Stock, $.01 par value			RJF			New York Stock Exchange
Depositary Shares, Each Representing a 1/40th Interest in a Share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock			RJF PrB			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act (17 CFR 230.405) or Rule 12b-2 of the Exchange Act (17 CFR 240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

☐

Item 7.01 Regulation FD Disclosure

On August 20, 2025, the Company issued a press release (the “Press Release”) announcing that the Board had declared on August 20, 2025 a quarterly dividend of $0.50 per share for each outstanding share of common stock of the Company. The dividend is payable on October 15, 2025 to shareholders of record on October 1, 2025.

The Press Release also announced that the Board had declared on August 20, 2025 a quarterly cash dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE: RJF PrB), payable October 1, 2025 to shareholders of record on September 15, 2025.

A copy of the Press Release is attached to this Current Report as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 7.01, including Exhibit 99.1 hereto, is being “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing of the Company with the Securities and Exchange Commission, whether made before or after the date hereof, regardless of any general incorporation language in such filings (unless the Company specifically states that the information or exhibit in this particular report is incorporated by reference).

Item 9.01 Financial Statements and Exhibits

(d) Exhibits. The following are filed as exhibits to this report:

Exhibit No.			Description
99.1			Press release, dated August 20, 2025, issued by Raymond James Financial, Inc.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			RAYMOND JAMES FINANCIAL, INC.
Date: August 21, 2025			By:			/s/ Jonathan W. Oorlog, Jr.
						Jonathan W. Oorlog, Jr.
						Chief Financial Officer

FAQ

What dividend did Raymond James (RJF) declare for its Series B preferred depositary shares?

The Board declared a quarterly cash dividend of $0.3984375 per depositary share on the 6.375% Series B preferred (RJF PrB).

When is the RJF PrB dividend payable and who is eligible?

The dividend is payable on October 1, 2025 to shareholders of record as of September 15, 2025.

Is the press release announcing the dividend filed with the SEC?

The press release (Exhibit 99.1) is furnished with the 8-K and is not being treated as "filed" for purposes of Section 18 of the Exchange Act.

Does this 8-K report other financial statements or material transactions?

The provided content does not include financial statements, earnings data, or other material transactions; it only documents the dividend declaration and the furnished press release.