Raymond James Financial Raises Quarterly Dividends on Common Stock; Increases Common Stock Repurchase Authorization
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Raymond James Financial has announced an 11.1% increase in its quarterly dividend to $0.50 per share and expanded its common stock repurchase authorization.
December 03, 2024 | 9:45 pm
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Raymond James Financial has increased its quarterly dividend by 11.1% to $0.50 per share and expanded its stock repurchase authorization, signaling strong financial health and shareholder value focus.
The increase in dividend and stock repurchase authorization suggests Raymond James Financial is in a strong financial position and is committed to returning value to shareholders. This is likely to positively impact the stock price in the short term as it reflects confidence in future earnings and financial stability.
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IMPORTANCE 80
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