Jefferies Financial Group Inc (NYSE:JEF) declared a quarterly dividend on Thursday, January 10th, RTT News reports. Stockholders of record on Friday, February 15th will be given a dividend of 0.125 per share by the financial services provider on Thursday, February 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 2.52%. The ex-dividend date is Thursday, February 14th.
Jefferies Financial Group has a dividend payout ratio of 34.2% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Jefferies Financial Group to earn $1.26 per share next year, which means the company should continue to be able to cover its $0.50 annual dividend with an expected future payout ratio of 39.7%.
JEF stock opened at $19.85 on Friday. Jefferies Financial Group has a twelve month low of $16.20 and a twelve month high of $25.45. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.36 and a current ratio of 1.36. The company has a market capitalization of $6.48 billion, a PE ratio of 12.03 and a beta of 1.35.
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About Jefferies Financial Group
Jefferies Financial Group Inc, a financial services company, engages in investment banking and capital markets, asset management, and direct investing businesses in the Americas, Europe, and Asia. the company also offers equities research, sales, and trading services; equity finance services comprising financing, securities lending, and other prime brokerage services; and wealth management services to high net worth individuals, their families and businesses, private equity and venture funds, and small institutions.
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