Stifel Financial (SF) Raises Quarterly Dividend 13.3% to $0.17; Approves 10M Share Buyback
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Stifel Increases Share Repurchase Authorization, Raises Common Stock Dividend and Declares Preferred Stock Dividend
January 30, 2020 4:15 PM ESTST. LOUIS, Jan. 30, 2020 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) today announced that its Board of Directors has increased the companys share repurchase authorization to 10 million shares. The Boards authorization does not have a fixed expiration date and shares may be repurchased through open market or privately negotiated transactions based on prevailing market conditions.Â
In addition to the increased share repurchase authorization, the Board of Directors declared a quarterly cash dividend on shares of its common stock of $0.17 per share, up 13 percent from $0.15 per share in the previous quarter,... More
