Stifel Raises Quarterly Common Stock Cash Dividend By 17% and Declares Preferred Stock Cash Dividend
08 Febbraio 2024 - 12:30AM
Stifel Financial Corp. (NYSE: SF) today announced that its Board of
Directors has declared a cash dividend on shares of its common
stock of $0.42 per share, payable March 15, 2024, to shareholders
of record at the close of business on March 1, 2024.
The Board of Directors also declared a quarterly
cash dividend on the outstanding shares of its 6.25% Non-Cumulative
Perpetual Preferred Stock, Series B (the “Series B Preferred
Stock”), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C
(the “Series C Preferred Stock”), and 4.50% Non-Cumulative
Perpetual Preferred Stock, Series D (the “Series D Preferred
Stock”). The declared cash dividend on the Series B Preferred
Stock, Series C Preferred Stock, and Series D Preferred Stock is
for the period from December 15, 2023, up to, but excluding, March
15, 2024. The declared cash dividend equated to approximately
$0.390625 per depositary share, or $390.625 per share of the Series
B Preferred Stock outstanding. The declared cash dividend equated
to approximately $0.3828125 per depositary share, or $382.8125 per
share of the Series C Preferred Stock outstanding. The declared
cash dividend equated to approximately $0.281250 per depositary
share, or $281.250 per share of the Series D Preferred Stock
outstanding. The cash dividends are payable on March 15, 2024 to
shareholders of record on March 1, 2024.
The Company’s Series B Preferred Stock trades on
the New York Stock Exchange under the symbol “SF PrB”, the
Company’s Series C Preferred Stock trades on the New York Stock
Exchange under the symbol “SF PrC”, and the Company’s Series D
Preferred Stock trades on the New York Stock Exchange under the
symbol “SF PrD.”
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding
company headquartered in St. Louis, Missouri, that conducts its
banking, securities, and financial services business through
several wholly owned subsidiaries. Stifel’s broker-dealer clients
are served in the United States through Stifel, Nicolaus &
Company, Incorporated, including its Eaton Partners and Miller
Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and
Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus
Canada Inc.; and in the United Kingdom and Europe through Stifel
Nicolaus Europe Limited. The Company’s broker-dealer affiliates
provide securities brokerage, investment banking, trading,
investment advisory, and related financial services to individual
investors, professional money managers, businesses, and
municipalities. Stifel Bank and Stifel Bank & Trust offer a
full range of consumer and commercial lending solutions. Stifel
Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer
trust and related services. To learn more about Stifel, please
visit the Company’s website at www.stifel.com. For global
disclosures, please visit
https://www.stifel.com/investor-relations/press-releases.
Stifel Investor Relations ContactJoel Jeffrey,
Senior Vice President(212) 271-3610
directinvestorrelations@stifel.com
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