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 $0.30 per share, payable on June 15, 2022, to shareholders of record by June 1, 2022. Additionally, quarterly dividends were announced for its preferred stocks: 6.25% Series B at $0.390625 per depositary share, 6.125% Series C at $0.3828125, and 4.50% Series D at $0.281250. All dividends are also payable on June 15, 2022. Stifel is a financial services holding company based in St. Louis, Missouri, operating various subsidiaries.

Positive

• Declared cash dividend of $0.30 per common share.
• Strong dividends for preferred stock series, indicating financial stability.

Negative

• None.

ST. LOUIS, May 04, 2022 (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 $0.30 per share, payable June 15, 2022, to shareholders of record at the close of business on June 1, 2022.

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 March 15, 2022, up to, but excluding, June 15, 2022. 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 June 15, 2022 to shareholders of record on June 1, 2022.

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 SF?

Stifel Financial Corp. declared a cash dividend of $0.30 per share for its common stock.

When is the dividend payment date for Stifel Financial Corp. common stock SF?

The dividend for Stifel Financial Corp. common stock is payable on June 15, 2022.

What are the cash dividends for Stifel's preferred stocks?

The cash dividends are approximately $0.390625 for Series B, $0.3828125 for Series C, and $0.281250 for Series D per depositary share.

When will Stifel's preferred stock dividends be paid?

The dividends for the preferred stocks will be payable on June 15, 2022.