ST. PETERSBURG, Fla., May 21, 2025 (GLOBE NEWSWIRE) -- On May 21, 2025, the Raymond James Financial, Inc. (NYSE: RJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.50 per share, payable July 15, 2025 to shareholders of record on July 1, 2025.
Raymond James Financial gets its prior buy rating from last fall reaffirmed. Positives are macro/sector and company factors that could positively impact the top-line growth, along with proven dividend growth and operating cash flow. Although the firm's valuation has increased, my future price targets point to further potential growth in the share price, as a BoA analyst recently also forecasted.
Weak IB performance and higher expenses hurt RJF's fiscal Q2 earnings.
Financial - Capital Markets Industry | Financial Services Sector | Mr. Paul Marone Shoukry CEO | NYSE Exchange | 754730109 Cusip |
US Country | 19,000 Employees | 1 Jul 2025 Last Dividend | 22 Sep 2021 Last Split | 30 Dec 1987 IPO Date |
Raymond James Financial, Inc. is an established multifaceted financial services firm dedicated to offering a broad spectrum of services to its diverse clientele, which includes individuals, corporations, and municipalities primarily across the United States, Canada, and Europe. Since its inception in 1962, the company has been headquartered in Saint Petersburg, Florida, evolving into a significant player in the financial industry through its comprehensive suite of services spanning private client group services, capital markets, asset management, banking, and more.