Dividend Growth of Raymond James Financial, Inc.(RJF)

Raymond James Financial(RJF) is having a Dividend Yield of 1.11% with the Annual cash Dividend per share of $0.8. The last quarter cash dividend per share pay out was $0.22. Raymond James Financial has a 5 year average dividend yield of 1.35% and the stock has a Indicated annual dividend of $0.88. Raymond James Financial(RJF) formally announced its most recent dividend on December 1, 2016 with a Dividend per share of $0.22. The new indicated annual dividend based on announced dividend per share is $0.88. The dividend yield based on the forward looking indicated annual dividend is 1.11%. Raymond James Financial(RJF) has the most recent dividend payout ratio of 0.21 with a 5-year average payout ratio of 0.21. The 5 year historical dividend growth of Raymond James Financial(RJF) is at the rate of 11.87% while the R-Squared dividend growth is 0.96. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

Raymond James Financial, Inc. (NYSE:RJF) rose 0.01% or 0.01 points on Thursday and made its way into the gainers of the day. After trading began at $79.27 the stock was seen hitting $79.27 as a peak level and $78.41 as the lowest level. The stock ended up at $79.07. The daily volume was measured at 519,478 shares. The 52-week high of the share price is $79.27 and the 52-week low is $41.38. The company has a market cap of $11,361 million. Shares of Raymond James Financial, Inc. rose by 1.96% in the last five trading days and 8.57% for the last 4 weeks. Raymond James Financial, Inc. is up 10.32% in the last 3-month period. Year-to-Date the stock performance stands at 14.15%.

Currently the company Insiders own 11.18% of Raymond James Financial, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -23.71% . Institutional Investors own 67.37% of Raymond James Financial, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -24.69%. Company has reported several Insider transactions to the SEC, on Feb 14, 2017, Jeffrey P Julien (CFO, Executive VP – Fin) sold 7,752 shares at 77.75 per share price.On Feb 8, 2017, Dennis W Zank (Chief Operating Officer) sold 12,500 shares at 76.98 per share price.On Feb 1, 2017, George Catanese (SVP, Chief Risk Officer) sold 4,500 shares at 74.53 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Raymond James Financial was Upgraded by Nomura to Buy on Jan 5, 2017. Raymond James Financial was Downgraded by Keefe Bruyette to Mkt Perform on Dec 5, 2016.

Raymond James Financial Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.06. Analyst had a consensus of $1.01. The company had revenue of $1492.80 million for the quarter, compared to analysts expectations of $1484.15 million. The companys revenue was up 17.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 EPS.

RAYMOND JAMES FINANCIAL, INC. is a holding company whose subsidiaries are engaged principally in the securities brokerage business including the underwriting, distribution, trading and brokerage of equity and debt securities, and the sale of tax advantaged investments, mutual funds and other investment products and provides investment management services for retail and institutional clients.


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