Jefferies Boosts Quarterly Dividend By 16.7% From $0.30 To $0.35 Per Share
Portfolio Pulse from Benzinga Newsdesk
Jefferies Financial Group (JEF) has announced a 16.7% increase in its quarterly dividend, raising it from $0.30 to $0.35 per share. The dividend will be payable on August 30, 2024, to shareholders of record as of August 19, 2024.
June 26, 2024 | 8:18 pm
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POSITIVE IMPACT
Jefferies Financial Group has increased its quarterly dividend by 16.7%, from $0.30 to $0.35 per share. This move is likely to attract income-focused investors and could positively impact the stock price in the short term.
The increase in the dividend payout is a positive signal to the market, indicating the company's confidence in its financial stability and future earnings. This is likely to attract income-focused investors, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100