RJF Rewards Shareholders With Dividend Hike, New Share Buyback Program

Raymond James (RJF) has announced enhanced capital distribution plans, including a dividend hike and a new share buyback program. RJF's board of directors has declared a quarterly cash dividend of 50 cents per share, representing an increase of 11.1% from the prior payout. The new dividend will be paid out on Jan. 16, 2025, to shareholders on record as of Jan. 2, 2025.Raymond James has a record of regularly raising dividends over the last decade. Before the recent hike, the company announced a 7.1% increase ...