|Bid||23.39 x 800|
|Ask||23.99 x 800|
|Day's Range||22.95 - 23.36|
|52 Week Range||11.20 - 24.30|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||10.65|
|Earnings Date||Jan 06, 2021 - Jan 11, 2021|
|Forward Dividend & Yield||0.60 (2.59%)|
|Ex-Dividend Date||Nov 12, 2020|
|1y Target Est||24.50|
The financial sector is comprised of companies that offer services including loans, savings, insurance, payment services, and money management for individuals and firms. Financial sector stocks include a wide range of companies involved in retail and commercial banking, accounting, insurance, asset management, credit cards, and brokerage.
Jefferies today announced that it has established a research alliance with SMBC Nikko Securities in Japan. Under the arrangement, SMBC Nikko Securities will translate and distribute selected U.S. equity research reports published by Jefferies to SMBC Nikko Securities’ retail clients in Japan. The 2020 Institutional Investor All-America Research Survey placed Jefferies 8th in the U.S. this year, and the firm regularly ranks highly in similar analyses.
On September 23, 2020, Jefferies Financial Group (NYSE: JEF) declared a dividend payable on November 25, 2020 to its shareholders. Jefferies Financial Group also announced that shareholders on the company's books on or before November 13, 2020 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. Jefferies Financial Group, whose current dividend payout is $0.15, has an ex-dividend date set at November 12, 2020. The payout equates to a dividend yield of 3.45% at current price levels.What Is An Ex-Dividend Date? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.Understanding Jefferies Financial Group's Dividend Payouts And Yields Over the past year, Jefferies Financial Group has seen its dividend payouts and yields climb upward overall. Last year (November 15, 2019), the company's payout sat at $0.12, which has since increased by $0.02. Jefferies Financial Group's dividend yield last year was 2.71%, which has since grown by 0.74%. Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.Click here to find details on Jefferies Financial Group's previous dividends.See more from Benzinga * Click here for options trades from Benzinga * Analyzing Jefferies Financial Group's Ex-Dividend Date(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.