Stifel Financial's latest quarterly dividend was on Feb 29, 2024 (ex-date) with a payout of $0.42 per share. On an annualized basis, the company has a current payout of $1.5 per share. This brings the dividend yield to 1.92% based on its recent close price. The latest dividend marks an increase of $0.06, or 17% from the prior distribution.
Stifel Financial's dividend yield of 1.92% is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.36%, Stifel Financial's dividend yield is 43% lower. The historical 5-year average of SF's dividend yield is 1.4%, which is less than the current one.
Stifel Financial has a long history of dividend payments, including the last seven consecutive years with dividend payouts. SF has distributed four quarterly dividends in the past year. The annualized dividend per share marks an increase of 19% since twelve months ago. But with the price of the stock up by 28% from a year ago, the dividend yield has a decrease of 7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 29, 2024 | Mar 15, 2024 | Feb 7, 2024 | $0.42 | normal |
| Nov 30, 2023 | Dec 15, 2023 | Nov 15, 2023 | $0.36 | normal |
| Aug 31, 2023 | Sep 15, 2023 | Aug 9, 2023 | $0.36 | normal |
| May 31, 2023 | Jun 15, 2023 | May 3, 2023 | $0.36 | normal |
| Feb 28, 2023 | Mar 15, 2023 | Jan 24, 2023 | $0.36 | normal |
| Nov 30, 2022 | Dec 15, 2022 | Nov 9, 2022 | $0.3 | normal |
| Aug 31, 2022 | Sep 15, 2022 | Aug 3, 2022 | $0.3 | normal |
| May 31, 2022 | Jun 15, 2022 | May 4, 2022 | $0.3 | normal |
| Feb 28, 2022 | Mar 15, 2022 | Jan 26, 2022 | $0.3 | normal |
| Nov 30, 2021 | Dec 15, 2021 | Nov 3, 2021 | $0.15 | normal |
| Aug 31, 2021 | Sep 15, 2021 | Aug 4, 2021 | $0.15 | normal |
| May 28, 2021 | Jun 15, 2021 | May 5, 2021 | $0.15 | normal |
| Feb 26, 2021 | Mar 15, 2021 | Feb 3, 2021 | $0.15 | normal |
| Nov 30, 2020 | Dec 15, 2020 | Nov 10, 2020 | $0.113 | normal |
| Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.113 | normal |
| May 29, 2020 | Jun 15, 2020 | May 6, 2020 | $0.113 | normal |
| Feb 28, 2020 | Mar 16, 2020 | Jan 30, 2020 | $0.113 | normal |
| Nov 29, 2019 | Dec 16, 2019 | Nov 6, 2019 | $0.1 | normal |
| Aug 30, 2019 | Sep 16, 2019 | Aug 7, 2019 | $0.1 | normal |
| May 31, 2019 | Jun 17, 2019 | May 16, 2019 | $0.1 | normal |
| Feb 28, 2019 | Mar 15, 2019 | Feb 13, 2019 | $0.1 | normal |
| Nov 30, 2018 | Dec 17, 2018 | Nov 13, 2018 | $0.08 | normal |
| Aug 31, 2018 | Sep 17, 2018 | Aug 20, 2018 | $0.08 | normal |
| May 31, 2018 | Jun 15, 2018 | May 14, 2018 | $0.08 | normal |
| Feb 28, 2018 | Mar 15, 2018 | Feb 14, 2018 | $0.08 | normal |
| Nov 30, 2017 | Dec 15, 2017 | Nov 14, 2017 | $0.067 | normal |
| Aug 30, 2017 | Sep 15, 2017 | Aug 14, 2017 | $0.067 | normal |
Stifel Financial's payout ratio of 33% is above the industry average but below the Financial Services sector and its peers average. In comparison with its Financial Services sector average of 39.6%, Stifel Financial's payout ratio is 17% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| BEN Franklin Resources Inc | 4.92% | $1.22 | 64.2% |
| BLK BlackRock Inc | 2.68% | $20.1 | 54.5% |
| SF Stifel Financial Corp | 1.93% | $1.5 | 33% |
| MKTX Marketaxess Holdings Inc | 1.43% | $2.9 | 42.2% |
| AMP Ameriprise Financial Inc | 1.34% | $5.4 | 22.3% |
Yes, Stifel Financial has been paying dividends for the last seven years.
At this point we don't have a record of SF's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Stifel Financial's last dividend ex-date was on Feb 29, 2024. The dividend amount was $0.42 per share.
SF has paid dividend of $1.5 per share in the last year.
Stifel Financial's current dividend yield is 1.92%.
Stifel Financial has a quarterly dividend frequency.
Stifel Financial's dividend payout ratio is 33%.
Stifel Financial's dividend yield is less than the Financial Services sector average.