Articles from Raymond James Financial

ST. PETERSBURG, Fla., Dec. 03, 2024 (GLOBE NEWSWIRE) -- On December 3, 2024, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.50 per share, payable January 16, 2025 to shareholders of record on January 2, 2025. This is an 11.1% increase over the previous dividend of $0.45 per share paid on October 15, 2024.

ST. PETERSBURG, Fla., Aug. 22, 2024 (GLOBE NEWSWIRE) -- On August 21, 2024, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable October 15, 2024 to shareholders of record on October 1, 2024.

ST. PETERSBURG, Fla., May 20, 2024 (GLOBE NEWSWIRE) -- On May 20, 2024, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable July 15, 2024 to shareholders of record on July 1, 2024.

St. Petersburg, Fla., May 13, 2024 (GLOBE NEWSWIRE) -- Raymond James is expanding the capabilities of its Investment Banking division by partnering with Eldridge Industries and Raymond James Bank to provide private credit solutions to sponsor-backed portfolio companies in four primary sectors: Consumer, Diversified Industrials, Healthcare and Technology & Services. Raymond James has hired credit industry veteran Omer Masud as head of sponsor finance origination to launch the firm’s Private Credit effort.

ST. PETERSBURG, Fla., March 19, 2024 (GLOBE NEWSWIRE) -- The Raymond James Financial (NYSERJF) Board of Directors announced today that as part of its multi-year succession planning process, effective immediately, CFO Paul Shoukry is appointed president of Raymond James Financial. It’s expected that he will become the firm’s CEO sometime during fiscal 2025, following a transition period. Once the planned succession process is complete, Shoukry would become only the fourth chief executive in the company’s history, and current Chair and CEO Paul Reilly would remain on the board as executive chair. Shoukry will retain his current responsibilities until he transitions to the CEO role.

ST. PETERSBURG, Fla., Feb. 23, 2024 (GLOBE NEWSWIRE) -- On February 23, 2024, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable April 15, 2024 to shareholders of record on April 1, 2024.

ST. PETERSBURG, Fla., Nov. 30, 2023 (GLOBE NEWSWIRE) -- On November 30, 2023, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.45 per share, payable January 16, 2024 to shareholders of record on January 2, 2024. This is a 7.1% increase over the previous dividend of $0.42 per share paid on October 16, 2023.

ST. PETERSBURG, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- Raymond James released the results of its recent survey of investors with half a million dollars or more in investible assets, revealing their priorities and concerns around transferring wealth to the next generation. Some estimates predict that up to $84 trillion in assets will exchange hands over the next 20 years – dubbed the Great Wealth Transfer – prior to which it’s essential to identify potential gaps and opportunities for investors to execute a successful transition, according to Joe Weaver, President of Raymond James Trust.

ST. PETERSBURG, Fla., Aug. 21, 2023 (GLOBE NEWSWIRE) -- On August 21, 2023, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable October 16, 2023 to shareholders of record on October 2, 2023.

ST. PETERSBURG, Fla., March 03, 2023 (GLOBE NEWSWIRE) -- On March 3, 2023, Raymond James Financial, Inc. (NYSERJF) announced that, on April 3, 2023, it will redeem all 40,250 outstanding shares of its 6.75% Fixed-to-Floating Rate Series A Non-Cumulative Perpetual Preferred Stock, par value $0.10 per share (the “Series A Preferred Stock”). The redemption of the Series A Preferred Stock will trigger the redemption of the related depositary shares, each representing a 1/40th interest of a share of Series A Preferred Stock (the “Series A Depositary Shares”) (NYSE: RJF PrA) (CUSIP: No. 754730 307). The redemption price will be equal to $1,000.00 per share of Series A Preferred Stock and $25.00 per Series A Depositary Share. After giving effect to the redemption, no shares of Series A Preferred Stock or Series A Depositary Shares will remain outstanding.

ST. PETERSBURG, Fla., Feb. 24, 2023 (GLOBE NEWSWIRE) -- On February 24, 2023, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable April 17, 2023 to shareholders of record on April 3, 2023.

ST. PETERSBURG, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- On December 1, 2022, the Raymond James Financial, Inc. (NYSERJF) Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.42 per share, payable January 17, 2023 to shareholders of record on January 3, 2023. This is a 24% increase over the previous dividend of $0.34 per share paid on October 17, 2022.