Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend

Rhea-AI Summary

Stifel Financial Corp. (NYSE: SF) has declared a cash dividend of $0.15 per share on its common stock, payable on December 15, 2021, to shareholders on record by December 1, 2021. Additionally, the board announced quarterly cash dividends on its preferred stocks: $0.390625 for Series B, $0.3828125 for Series C, and $0.281250 for Series D, effective for the period from September 15 to December 15, 2021. These dividends reflect the company’s commitment to returning value to shareholders.

Positive

• Declared a cash dividend of $0.15 per share for common stock.
• Quarterly cash dividends announced for Series B, C, and D preferred stocks.

Negative

• None.

ST. LOUIS, Nov. 03, 2021 (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 $0.15 per share, payable December 15, 2021, to shareholders of record at the close of business on December 1, 2021.

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 September 15, 2021, up to, but excluding, December 15, 2021. 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 December 15, 2021 to shareholders of record on December 1, 2021.

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 business division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire & Co., LLC and Stifel Independent Advisors, LLC. 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                                                
Joel Jeffrey, (212) 271-3610
investorrelations@stifel.com 

FAQ

What is the dividend amount declared by Stifel Financial Corp. for common stock in 2021?

The dividend amount declared is $0.15 per share.

When is the dividend for Stifel Financial Corp.'s common stock payable?

The dividend is payable on December 15, 2021.

What are the payment dates for Stifel Financial Corp.'s preferred stock dividends?

The preferred stock dividends are payable on December 15, 2021.

What is the dividend for the Series B Preferred Stock of Stifel Financial Corp.?

The Series B Preferred Stock dividend is approximately $0.390625 per depositary share.

What is the dividend amount for Series C Preferred Stock of Stifel Financial Corp.?

The dividend for Series C Preferred Stock is approximately $0.3828125 per depositary share.

What is the dividend for the Series D Preferred Stock of Stifel Financial Corp.?

The dividend for Series D Preferred Stock is approximately $0.281250 per depositary share.