Raymond James Financial Declares Quarterly Dividends on Common and Preferred Stock

Rhea-AI Summary

The Raymond James Financial Board of Directors declared a $0.34 quarterly cash dividend on common stock, payable on October 17, 2022, to shareholders on record as of October 3, 2022. Additionally, dividends of $0.421875 per depositary share for Series A Preferred Stock and $0.3984375 for Series B Preferred Stock were announced, both payable on October 3, 2022, to shareholders on record from September 15, 2022. Raymond James is a leading financial services company with total client assets of $1.19 trillion.

Positive

• Quarterly cash dividend of $0.34 reflects company profitability and commitment to returning value to shareholders.
• Total client assets increased to $1.19 trillion, indicating strong market position and growth.

Negative

• None.

ST. PETERSBURG, Fla., Aug. 25, 2022 (GLOBE NEWSWIRE) -- On August 24, 2022, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.34 per share, payable October 17, 2022, to shareholders of record on October 3, 2022. 

The Board declared a quarterly dividend of $0.421875 per depositary share of 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrA) and $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE:  RJF PrB), in each case payable October 3, 2022, to shareholders of record on September 15, 2022. 

 

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 8,600 financial advisors. Total client assets are $1.19 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.

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 declared by Raymond James Financial in August 2022?

Raymond James Financial declared a quarterly cash dividend of $0.34 per share.

When is the dividend payable for Raymond James Financial's common stock?

The dividend is payable on October 17, 2022.

What are the dividend amounts for Series A and Series B Preferred Stock?

The dividend amounts are $0.421875 per depositary share for Series A and $0.3984375 for Series B.

When will the preferred stock dividends be paid?

The preferred stock dividends are payable on October 3, 2022.

What are the record dates for the dividends declared by Raymond James Financial?

The record date for the common stock dividend is October 3, 2022, and for the preferred stock is September 15, 2022.