Stifel Financial Corp. declares cash dividends for common and preferred stocks, payable March 17, 2025, to record shareholders.
Quiver AI Summary
Stifel Financial Corp. announced a cash dividend of $0.46 per share on its common stock, payable on March 17, 2025, to shareholders recorded by March 3, 2025. Additionally, the company declared quarterly cash dividends for its preferred stocks: Series B ($0.390625 per depositary share), Series C ($0.3828125 per depositary share), and Series D ($0.281250 per depositary share), all payable on the same date to shareholders of record by March 3, 2025. Stifel Financial, headquartered in St. Louis, Missouri, operates through various subsidiaries offering a wide range of financial services, including securities brokerage and investment banking.
Potential Positives
- Stifel Financial Corp. declared a cash dividend of $0.46 per share on common stock, indicating financial stability and a commitment to returning value to shareholders.
- The company also announced cash dividends on its various series of preferred stock, demonstrating ongoing support for preferred shareholders and strengthening investor confidence.
- The timely payment of dividends suggests strong cash flow and operational performance, enhancing the company's reputation in the financial services sector.
Potential Negatives
- The cash dividends declared may indicate a lack of significant growth or reinvestment opportunities within Stifel Financial Corp., suggesting potential stagnation in business performance.
- Details on the financial condition or profitability necessary to support these divident payouts were not provided, raising concerns about the sustainability of such distributions.
- The announcement focuses solely on dividends, which may divert attention from other strategic initiatives or challenges the company is facing that were not disclosed.
FAQ
What is the cash dividend declared by Stifel Financial Corp.?
Stifel Financial Corp. has declared a cash dividend of $0.46 per share on common stock.
When is the dividend payable to shareholders?
The cash dividend is payable on March 17, 2025, to shareholders of record on March 3, 2025.
What are the dividend details for Series B, C, and D Preferred Stock?
Dividends for Series B, C, and D Preferred Stock are payable March 17, 2025, with varying amounts per share.
What is the trading symbol for Stifel's Preferred Stocks?
Series B trades as “SF PrB”, Series C as “SF PrC”, and Series D as “SF PrD” on the NYSE.
Where can I find more information about Stifel Financial Corp.?
More information about Stifel can be found on their website at www.stifel.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$SF Congressional Stock Trading
Members of Congress have traded $SF stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $SF stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER sold up to $15,000 on 10/31.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$SF Insider Trading Activity
$SF insiders have traded $SF stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $SF stock by insiders over the last 6 months:
- DAVID D SLINEY (Chief Operating Officer) sold 25,000 shares for an estimated $2,904,500
- THOMAS W WEISEL sold 13,000 shares for an estimated $1,495,130
- VICTOR NESI (Co-President) sold 10,500 shares for an estimated $1,195,110
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$SF Hedge Fund Activity
We have seen 197 institutional investors add shares of $SF stock to their portfolio, and 207 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,256,595 shares (+18.8%) to their portfolio in Q3 2024, for an estimated $117,994,270
- SILVERCREST ASSET MANAGEMENT GROUP LLC removed 1,228,359 shares (-51.0%) from their portfolio in Q3 2024, for an estimated $115,342,910
- WELLINGTON MANAGEMENT GROUP LLP added 860,465 shares (+78.3%) to their portfolio in Q3 2024, for an estimated $80,797,663
- MILLENNIUM MANAGEMENT LLC added 625,853 shares (+113.7%) to their portfolio in Q3 2024, for an estimated $58,767,596
- BALYASNY ASSET MANAGEMENT L.P. removed 379,268 shares (-54.4%) from their portfolio in Q3 2024, for an estimated $35,613,265
- GOLDMAN SACHS GROUP INC added 367,670 shares (+58.5%) to their portfolio in Q3 2024, for an estimated $34,524,213
- LSV ASSET MANAGEMENT removed 244,900 shares (-14.0%) from their portfolio in Q3 2024, for an estimated $22,996,110
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
ST. LOUIS, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has declared a cash dividend on shares of its common stock of $0.46 per share, payable March 17, 2025, to shareholders of record at the close of business on March 3, 2025.
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 16, 2024, up to, but excluding, March 17, 2025. 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 17, 2025 to shareholders of record on March 3, 2025.
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 Contact
Joel Jeffrey, Senior Vice President
(212) 271-3610 direct
[email protected]