Raymond James Financial Raises Quarterly Dividends on Common Stock by 8% and Announces Quarterly Dividend on Preferred Stock; Announces Increased Common Stock Repurchase Authorization

Core Points - Raymond James Financial, Inc. declared a quarterly cash dividend of $0.54 per share, an 8% increase from the previous dividend of $0.50 per share [1] - The Board authorized a share repurchase program of up to $2 billion, replacing the previous $1.5 billion authorization [2] - A quarterly dividend of $0.3984375 per depositary share of Series B Preferred Stock was declared, with a redemption of all outstanding shares scheduled for January 2, 2026 [3] - Raymond James Financial, Inc. manages total client assets of $1.75 trillion and provides a range of financial services [4]