Stifel Declares Quarterly Common Stock Cash Dividend and Declares Preferred Stock Cash Dividend
May 03 2023 - 5:15PM
Stifel Financial Corp. (NYSE: SF) today announced that its Board of
Directors has declared a cash dividend on shares of its common
stock of $0.36 per share, payable June 15, 2023, to shareholders of
record at the close of business on June 1, 2023.
The Board of Directors also declared a quarterly
cash dividend on the outstanding shares of its 6.25% Non-Cumulative
Perpetual Preferred Stock, Series B (the “Series B Preferred
Stock”), 6.125% Non-Cumulative Perpetual Preferred Stock, Series C
(the “Series C Preferred Stock”), and 4.50% Non-Cumulative
Perpetual Preferred Stock, Series D (the “Series D Preferred
Stock”). The declared cash dividend on the Series B Preferred
Stock, Series C Preferred Stock, and Series D Preferred Stock is
for the period from March 15, 2023, up to, but excluding, June 15,
2023. The declared cash dividend equated to approximately $0.390625
per depositary share, or $390.625 per share of the Series B
Preferred Stock outstanding. The declared cash dividend equated to
approximately $0.3828125 per depositary share, or $382.8125 per
share of the Series C Preferred Stock outstanding. The declared
cash dividend equated to approximately $0.281250 per depositary
share, or $281.250 per share of the Series D Preferred Stock
outstanding. The cash dividends are payable on June 15, 2023 to
shareholders of record on June 1, 2023.
The Company’s Series B Preferred Stock trades on the New York
Stock Exchange under the symbol “SF PrB”, the Company’s Series C
Preferred Stock trades on the New York Stock Exchange under the
symbol “SF PrC”, and the Company’s Series D Preferred Stock trades
on the New York Stock Exchange under the symbol “SF PrD.”
Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding
company headquartered in St. Louis, Missouri, that conducts its
banking, securities, and financial services business through
several wholly owned subsidiaries. Stifel’s broker-dealer
clients are served in the United States through Stifel, Nicolaus
& Company, Incorporated, including its Eaton Partners business
division; Keefe, Bruyette & Woods, Inc.; Miller Buckfire &
Co., LLC and Stifel Independent Advisors, LLC. The Company’s
broker-dealer affiliates provide securities brokerage, investment
banking, trading, investment advisory, and related financial
services to individual investors, professional money managers,
businesses, and municipalities. Stifel Bank and Stifel Bank
& Trust offer a full range of consumer and commercial lending
solutions. Stifel Trust Company, N.A. and Stifel Trust
Company Delaware, N.A. offer trust and related services. To
learn more about Stifel, please visit the Company’s website at
www.stifel.com. For global disclosures, please visit
https://www.stifel.com/investor-relations/press-releases.
Stifel Investor Relations ContactJoel Jeffrey,
Senior Vice President(212) 271-3610
directinvestorrelations@stifel.com
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