Raymond James (RJF) announces a 7.1% increase in quarterly dividend and a new share repurchase program worth $1.5 billion.
ST. PETERSBURG, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) -- On November 30, 2023, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable January 16, 2024 to shareholders of record on January 2, 2024. This is a 7.1% increase over the previous dividend of $0.42 per share paid on October 16, 2023. The Board declared a quarterly dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Ra
Raymond James Financial, Inc. (RJF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.