Stifel Financial Corporation (SF) To Go Ex-Dividend on September 1st

Stifel Financial Corporation (NYSE:SFGet Free Report) announced a quarterly dividend on Wednesday, August 5th. Investors of record on Tuesday, September 1st will be paid a dividend of 0.34 per share by the financial services provider on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date is Tuesday, September 1st.

Stifel Financial has raised its dividend payment by an average of 0.3%annually over the last three years and has increased its dividend every year for the last 9 years. Stifel Financial has a dividend payout ratio of 15.4% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Stifel Financial to earn $7.06 per share next year, which means the company should continue to be able to cover its $1.36 annual dividend with an expected future payout ratio of 19.3%.

Stifel Financial Trading Down 1.0%

NYSE SF opened at $83.50 on Friday. The company has a market capitalization of $12.81 billion, a price-to-earnings ratio of 14.95 and a beta of 0.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 0.85 and a quick ratio of 0.80. Stifel Financial has a 12 month low of $67.81 and a 12 month high of $89.83. The company’s fifty day moving average price is $75.35 and its two-hundred day moving average price is $76.52.

Stifel Financial (NYSE:SFGet Free Report) last released its earnings results on Wednesday, July 22nd. The financial services provider reported $1.42 earnings per share for the quarter, topping the consensus estimate of $1.33 by $0.09. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.42 billion. Stifel Financial had a net margin of 16.11% and a return on equity of 19.32%. The company’s revenue was up 13.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.71 EPS. As a group, research analysts predict that Stifel Financial will post 6.36 earnings per share for the current fiscal year.

Stifel Financial Company Profile

(Get Free Report)

Stifel Financial Corp. is a diversified financial services holding company headquartered in St. Louis, Missouri. Founded in 1890, the firm has grown into a full‐service brokerage and investment banking organization serving individual investors, corporations and institutions. Through its principal subsidiary, Stifel, Nicolaus & Company, Incorporated, the company delivers a broad array of financial products and services backed by research‐driven insights.

The firm’s main business activities are organized into two core segments: Private Client Group and Institutional Group.

See Also

Dividend History for Stifel Financial (NYSE:SF)

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