Raymond James Financial Expects To Exceed $2T In Assets Under Administration By 2030 In Private Client Group; Target Common Dividend Of 20-30% Of Earnings
Portfolio Pulse from Happy Mohamed
Raymond James Financial (RJF) aims to exceed $2 trillion in assets under administration by 2030 in its Private Client Group and targets a common dividend of 20-30% of earnings.
May 25, 2023 | 12:40 pm
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Raymond James Financial (RJF) plans to exceed $2T in assets under administration by 2030 in its Private Client Group and targets a common dividend of 20-30% of earnings.
The news highlights Raymond James Financial's ambitious growth plans and dividend targets, which are likely to be seen as positive by investors. This could lead to increased investor confidence and a potential short-term positive impact on RJF's stock price.
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