Raymond James Financial Raises Quarterly Dividend By 7.1% From $0.42 To $0.45 Per Share
Portfolio Pulse from Benzinga Newsdesk
Raymond James Financial has announced a 7.1% increase in its quarterly dividend, raising it from $0.42 to $0.45 per share. The dividend will be payable on January 16, 2024, to shareholders of record as of January 2, 2024.
November 30, 2023 | 9:46 pm
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Raymond James Financial has increased its quarterly dividend by 7.1%, which may be seen as a sign of financial strength and commitment to returning value to shareholders.
Dividend increases are typically viewed positively by the market as they often signal a company's strong financial health and a positive outlook. This can attract income-focused investors and potentially boost the stock price in the short term.
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