Stifel Financial Corp. Declares Cash Dividends
ST. LOUIS – Stifel Financial Corp. (NYSE: SF) has made an important announcement regarding its quarterly cash dividends. The Board of Directors has declared a cash dividend of $0.46 per share on common stock, which is set to be paid to shareholders on December 15. To qualify for this dividend, investors must be shareholders by December 1.
Details on Preferred Stock Dividends
In addition to the common stock dividend, Stifel's Board has also declared dividends on its preferred stock. This includes three series of preferred stock: the 6.25% Series B, the 6.125% Series C, and the 4.50% Series D. These dividends are applicable for the period starting September 16 up to December 15. Specifically, the dividends are approximately $0.390625 per depositary share for the Series B, $0.3828125 for the Series C, and $0.281250 for the Series D. The similar deadline of December 1 applies for shareholders to receive these preferred stock dividends.
Trading Information for Stifel’s Preferred Stocks
For those interested in trading, it’s noteworthy that each series of preferred stock has its own trading symbol on the New York Stock Exchange. The Series B preferred stock can be found under the symbol “SF PrB”, the Series C under “SF PrC”, and the Series D under “SF PrD”. This provides investors with clear identifiers for trading and monitoring performance.
About Stifel Financial Corp.
Stifel Financial Corp. operates as a financial services holding company based in St. Louis. The firm offers a range of banking, securities, and financial services through its wholly owned subsidiaries. Stifel's operations include various businesses such as Stifel, Nicolaus & Company, which specializes in serving clients in the United States, and Stifel Nicolaus Canada for Canadian clients, as well as Stifel Nicolaus Europe Limited catering to clients in the UK and Europe.
The company’s offerings encompass securities brokerage, investment banking, and investment advisory services, showcasing its commitment to serving individual investors, professional money managers, and businesses including municipalities. Stifel Bank and Stifel Bank & Trust provide comprehensive consumer and commercial banking solutions, while the Stifel Trust Companies extend trust and related services. For more information on Stifel Financial Corp., shareholders and investors can refer to their official website.
Frequently Asked Questions
What dividend has Stifel Financial declared for common stock?
Stifel Financial has declared a cash dividend of $0.46 per share on its common stock.
When will the dividends for preferred stock be paid?
The preferred stock dividends will be paid on December 15.
What are the trading symbols for Stifel’s preferred stocks?
The Series B preferred stock trades under the symbol “SF PrB”, Series C as “SF PrC”, and Series D as “SF PrD”.
Who can receive the declared dividends?
Investors must be shareholders of record by December 1 to qualify for the dividends.
What services does Stifel Financial provide?
Stifel Financial provides a range of services including banking, securities, financial advising, and investment banking through its various subsidiaries.
