Stifel Financial Corp (NYSE:SF) Declares Quarterly Dividend of $0.15

Stifel Financial Corp (NYSE:SF) announced a quarterly dividend on Wednesday, November 6th, Zacks reports. Investors of record on Monday, December 2nd will be paid a dividend of 0.15 per share by the financial services provider on Monday, December 16th. This represents a $0.60 dividend on an annualized basis and a yield of 0.95%. The ex-dividend date of this dividend is Friday, November 29th.

Shares of Stifel Financial stock opened at $63.03 on Thursday. The business’s 50 day simple moving average is $58.07 and its 200 day simple moving average is $56.77. Stifel Financial has a 52-week low of $38.39 and a 52-week high of $63.23. The firm has a market cap of $4.28 billion, a PE ratio of 11.94 and a beta of 1.88. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.68 and a current ratio of 0.74.

Stifel Financial (NYSE:SF) last announced its earnings results on Wednesday, October 30th. The financial services provider reported $1.50 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.47 by $0.03. Stifel Financial had a return on equity of 14.68% and a net margin of 13.55%. The business had revenue of $821.50 million for the quarter, compared to analyst estimates of $798.53 million. During the same quarter last year, the firm earned $1.35 EPS. Stifel Financial’s revenue for the quarter was up 11.3% compared to the same quarter last year.

In other Stifel Financial news, SVP Richard J. Himelfarb sold 10,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $60.75, for a total value of $607,500.00. Following the completion of the transaction, the senior vice president now directly owns 103,774 shares in the company, valued at $6,304,270.50. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ben A. Plotkin sold 9,012 shares of Stifel Financial stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $55.73, for a total value of $502,238.76. Following the transaction, the senior vice president now owns 97,728 shares of the company’s stock, valued at $5,446,381.44. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 36,298 shares of company stock valued at $2,108,617. Corporate insiders own 3.77% of the company’s stock.

SF has been the subject of a number of analyst reports. Zacks Investment Research upgraded Stifel Financial from a “sell” rating to a “hold” rating in a research note on Saturday, September 7th. ValuEngine downgraded Stifel Financial from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Stifel Financial currently has a consensus rating of “Hold” and an average target price of $62.60.

About Stifel Financial

Stifel Financial Corp., a financial services and bank holding company, provides retail and institutional wealth management, and investment banking services to individual investors, corporations, municipalities, and institutions in the United States, the United Kingdom, rest of Europe, and Asia. The company operates through three segments: Global Wealth Management, Institutional Group, and Other.

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Dividend History for Stifel Financial (NYSE:SF)

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