Stifel Financial Corporation's Dividend Announcement
Stifel Financial Corp. announces a substantial cash dividend for its common stock shareholders, declaring a payout of $0.46 per share. This announcement comes as part of the company's regular financial strategy aimed at rewarding its shareholders. The payment is scheduled for September 16, with shareholders on record as of September 2 set to benefit.
Preferred Stock Dividends Declared
Alongside the common stock dividend, the Board of Directors of Stifel has also declared a quarterly cash dividend for its 6.25% Non-Cumulative Perpetual Preferred Stock, Series B, 6.125% Non-Cumulative Perpetual Preferred Stock, Series C, and 4.50% Non-Cumulative Perpetual Preferred Stock, Series D. Each of these preferred stocks will receive a specific cash dividend for the period extending from June 16, up to but not including September 16.
Details of Cash Dividends
The cash dividends for the Series B, Series C, and Series D Preferred Stocks consist of $0.390625, $0.3828125, and $0.281250 per depositary share respectively. This demonstrates Stifel’s commitment to providing returns to its investors across various stock categories.
Insight into Stifel's Operations
Stifel Financial Corp. operates as a prominent financial services holding company that provides a wide array of banking, securities, and financial services through its various subsidiaries. They cater to a diverse clientele including individual investors, professional money managers, businesses, and municipalities. Their services span across securities brokerage, investment banking, and advisory services to ensure comprehensive financial support for their clients.
Company Information and Operations
Headquartered in St. Louis, Stifel conducts business through numerous subsidiaries including Stifel, Nicolaus & Company, Incorporated, which incorporates divisions such as Eaton Partners and Miller Buckfire. Moreover, they have a presence in Canada and Europe, reflecting their expansive operational footprint.
Investor Relations Contact
Stifel's Senior Vice President for Investor Relations, Joel Jeffrey, is available for direct inquiries at (212) 271-3610. Investors can also reach out via email at investorrelations@stifel.com for additional information regarding the company’s performance and dividend policies.
Frequently Asked Questions
What is the amount of the common stock cash dividend declared?
The common stock cash dividend declared by Stifel Financial Corp. is $0.46 per share.
When will the cash dividends be paid?
The cash dividends for the common stock and preferred stocks are scheduled to be paid on September 16.
Which stock symbols are associated with Stifel's preferred stocks?
The preferred stocks of Stifel are associated with the symbols SF PrB, SF PrC, and SF PrD.
What types of services does Stifel Financial Corp. offer?
Stifel provides services including securities brokerage, investment banking, trading, and investment advisory to a wide range of clients.
How can I get more information about Stifel?
For additional information, visit Stifel’s official website or contact their Investor Relations department.
