Raymond James Financial Raises Quarterly Dividend

By Bobby Samwell • Saturday, August 24 06:00 • Permanent Link

Raymond James Financial, Inc. (NYSE: RJF) has declared a quarterly cash dividend on its common stock of $0.45 per share, payable on October 15, 2024, to shareholders of record on October 1, 2024. This represents an increase from the previous quarter's dividend.

Additionally, the board declared a quarterly 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 on October 1, 2024, to shareholders of record on September 13, 2024. The press release does not provide comparative data to show changes in this preferred stock dividend from the previous period.

Raymond James Financial, Inc. is a leading diversified financial services company with approximately 8,800 financial advisors and total client assets of $1.50 trillion. The firm has been public since 1983 and is listed on the New York Stock Exchange under the symbol RJF. As a result of these announcements, the company's shares have moved 0.5% on the market, and are now trading at a price of $116.79. If you want to know more, read the company's complete 8-K report here.

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