Raymond James Financial (RJF) Declares US$0.50 Common Stock Dividend and Preferred Payout
Raymond James Financial (RJF) Declares US$0.50 Common Stock Dividend and Preferred Payout

Raymond James Financial (RJF) Declares US$0.50 Common Stock Dividend and Preferred Payout

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Raymond James Financial (RJF) Declares US$0.50 Common Stock Dividend and Preferred Payout

Raymond James Financial recently announced a quarterly cash dividend of $0.50 per share for its common stock, payable on October 15, alongside a preferred stock dividend. These dividends may have supported the company’s share price increase of 11.50% over the last quarter. Raymond James’s inclusion in the Russell 1000 Dynamic Index and its ongoing share buyback program of over 5 million shares likely provided further momentum. The company’s forward-looking investments in recruiting high-net-worth clients and technology, such as AI, align with recent actions to enhance shareholder value. Analysts expect earnings to reach US$2.7 billion by 2028.

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Raymond James Financial recently announced a quarterly cash dividend of $0.50 per share for its common stock, payable on October 15, alongside a preferred stock dividend. These dividends may have supported the company’s share price increase of 11.50% over the last quarter. Additionally, Raymond James’s inclusion in the Russell 1000 Dynamic Index and its ongoing share buyback program of over 5 million shares likely provided further momentum. Amid broader market trends, with the Dow Jones reaching record highs after potential interest rate cuts were signaled, Raymond James’s stock move aligns with positive market performance.

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RJF Earnings Per Share Growth as at Aug 2025

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The recent developments at Raymond James Financial, specifically the quarterly cash dividend and the share buyback program, have reinforced the company’s shareholder-friendly stance, potentially boosting investor confidence. The inclusion in the Russell 1000 Dynamic Index may provide further validation of the company’s market position, complementing its share price performance. Over the past five years, Raymond James’s total return, including dividends, stands at a substantial 240.89%, showcasing solid long-term growth. Meanwhile, the firm outperformed the US Capital Markets industry, which saw a 33.6% return over the past year, and the broader US market with a 14.4% return.

The company’s forward-looking investments in recruiting high-net-worth clients and technology, such as AI, align with recent actions to enhance shareholder value. Revenue growth of 8% annually and increased profit margins are expected, supported by ongoing advisor hires and enhanced banking services like securities-based lending. Analysts expect earnings to reach US$2.7 billion by 2028. The share buyback and dividend may inspire positive sentiment, yet challenges remain, including interest rate uncertainties and market volatility. Despite current share price movements, analysts’ consensus price target of US$173.27 suggests room for a 5.2% price increase from the current US$162.03, indicating potential alignment with their long-term assumptions.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Source: Finance.yahoo.com | View original article

Source: https://finance.yahoo.com/news/raymond-james-financial-rjf-declares-172630603.html

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