Stifel Financial Corp. Announces Cash Dividends
Stifel Financial Corp. has made a significant announcement regarding its common and preferred stock cash dividends. The company, based in St. Louis, revealed that its Board of Directors declared a quarterly cash dividend of $0.46 per share of common stock. This dividend is set to be paid out on June 16 to shareholders who are recorded by the close of business on June 2.
Details on Preferred Stock Dividends
In addition to the common stock dividend, Stifel's Board also declared a cash dividend on several series of its non-cumulative perpetual preferred stock. This includes the Series B, Series C, and Series D Preferred Stocks. The cash dividends declared will be applicable for the period commencing on March 17 and will end just before June 16. The declared amounts are approximately $0.390625 per share for Series B, $0.3828125 for Series C, and $0.281250 for Series D, all payable on June 16 to shareholders recorded on June 2.
Trading Information for Preferred Stocks
Investors interested in Stifel’s preferred stocks should note that the Series B, C, and D Preferred Stocks are actively traded on the New York Stock Exchange under their respective symbols: "SF PrB", "SF PrC", and "SF PrD". This provides shareholders with an excellent opportunity to manage their investments effectively.
About Stifel Financial Corp.
Stifel Financial Corp., trading under the ticker NYSE: SF, is a prominent financial services holding company with a significant presence in the U.S. and beyond. Their operations span various financial services, including banking and securities, delivered through multiple wholly owned subsidiaries. Stifel’s client base includes individual investors, businesses, and governmental entities, served by their key divisions, including Stifel, Nicolaus & Company and Keefe, Bruyette & Woods.
Range of Services Offered
The company provides a comprehensive array of services. From securities brokerage and investment banking to trading and investment advisory, their offerings are tailored to meet diverse financial needs. Stifel Bank also contributes by offering a complete range of lending solutions, catering to both consumer and commercial clients.
Regional Presence
With a firm foothold not only in the United States but also in Canada and Europe, Stifel serves a broad market. Their operations in Canada come through Stifel Nicolaus Canada Inc., while European client needs are met via Stifel Nicolaus Europe Limited. This global presence enhances their capability to serve an increasingly diverse clientele.
Contact Information and Investor Relations
For shareholders and investors looking for more information, Stifel has a dedicated Investor Relations team. Joel Jeffrey, as Senior Vice President, can be contacted directly at (212) 271-3610 or through email at investorrelations@stifel.com. The company’s commitment to transparency is evident in their detailed reporting and accessible communication with stakeholders.
Frequently Asked Questions
What is the amount of the common stock dividend declared?
The common stock dividend declared by Stifel is $0.46 per share.
When are the cash dividends payable?
Both common and preferred stock dividends are payable on June 16.
What are the ticker symbols for Stifel's preferred stocks?
The preferred stocks trade under the symbols: SF PrB, SF PrC, and SF PrD on the NYSE.
Who can eligible to receive the dividend payment?
Shareholders on record by the end of business on June 2 are eligible for the dividend payment.
How can investors contact Stifel for more information?
Investors can reach out to Joel Jeffrey at (212) 271-3610 or via email at investorrelations@stifel.com.
