Raymond James Financial declares quarterly dividend of $0.50 per share

ST. PETERSBURG, Fla. - Raymond James Financial, Inc. (NYSE:RJF) announced Wednesday that its Board of Directors has declared a quarterly cash dividend of $0.50 per share on its common stock, payable October 15, 2025, to shareholders of record on October 1, 2025. The dividend represents a 1.23% yield, reflecting the company’s remarkable 41-year streak of consecutive dividend payments, according to InvestingPro data.

The financial services company also declared a quarterly dividend of $0.3984375 per depositary share of its 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (NYSE:RJF PrB), payable October 1, 2025, to shareholders of record on September 15, 2025.

Raymond James Financial, which has been publicly traded since 1983, provides private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company currently reports total client assets of $1.65 trillion.

The dividend announcement comes as part of the company’s regular quarterly financial activities. Raymond James trades on the New York Stock Exchange under the symbol RJF.

This information is based on a press release statement issued by the company.

In other recent news, Raymond James Financial Inc. reported its fiscal third-quarter earnings, revealing an adjusted earnings per share (EPS) of $2.18. This figure fell short of analysts’ expectations of $2.37, marking an 8.02% miss. However, the company’s revenue exceeded forecasts, reaching $3.4 billion compared to the projected $3.37 billion. Raymond James also faced a one-time legal reserve of $58 million, impacting earnings by approximately $0.21 per share. In terms of analyst ratings, Keefe, Bruyette & Woods raised their price target for Raymond James to $170 from $167, maintaining a Market Perform rating. Similarly, Citi increased its price target to $170 from $165, while keeping a Neutral rating. Additionally, Citizens JMP reiterated a Market Outperform rating with a $180 price target. On the advisory front, Raymond James Financial Services recruited a team managing $210 million in client assets from Commonwealth Financial Network.

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