AI English summary of an SEC filing — figures as filed
Raymond James Financial said its Board declared a quarterly cash dividend of $0.50 per share on common stock on December 3, 2024. The dividend is payable on January 16, 2025 to shareholders of record as of January 2, 2025.
Key points
AI summaryRaymond James Financial said its Board declared a quarterly cash dividend of $0.50 per share on common stock on December 3, 2024. The dividend is payable on January 16, 2025 to shareholders of record as of January 2, 2025.
The company said in its press release that the quarterly common stock dividend of $0.50 is 11.1% higher than the prior dividend of $0.45 paid on October 15, 2024.
Raymond James said it declared a quarterly cash dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (RJF PrB). The dividend is payable on January 2, 2025 to shareholders of record on December 16, 2024.
The company said its Board authorized repurchases of up to $1.5 billion of common stock. The authorization replaces the previous authorization announced on November 30, 2023, under which approximately $644 million remained available as of December 3, 2024. The authorization has no fixed expiration date.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Quarterly Common Stock Dividend of $0.50 per Share
Raymond James Financial said its Board declared a quarterly cash dividend of $0.50 per share on common stock on December 3, 2024. The dividend is payable on January 16, 2025 to shareholders of record as of January 2, 2025.
Source · Based on the filing body and exhibits
Dividend Up 11.1% From Prior $0.45 Payment
The company said in its press release that the quarterly common stock dividend of $0.50 is 11.1% higher than the prior dividend of $0.45 paid on October 15, 2024.
Source · Based on the filing body and exhibits
Quarterly Preferred Depositary Share Dividend of $0.3984375
Raymond James said it declared a quarterly cash dividend of $0.3984375 per depositary share of 6.375% Fixed-to-Floating Rate Series B Non-Cumulative Perpetual Preferred Stock (RJF PrB). The dividend is payable on January 2, 2025 to shareholders of record on December 16, 2024.
Source · Based on the filing body and exhibits
Common Stock Repurchase Authorization of Up to $1.5 billion
The company said its Board authorized repurchases of up to $1.5 billion of common stock. The authorization replaces the previous authorization announced on November 30, 2023, under which approximately $644 million remained available as of December 3, 2024. The authorization has no fixed expiration date.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
Loading the filing text…