Stifel Financial hikes dividend by 20%

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On January 24, 2023, Stifel Financial Corp (SF) declared a dividend hike of 20% to $0.36 quarterly per share. This marks the 6th consecutive year of increased dividends by SF. The next SF dividend is payable March 15, 2023, to shareholders of record at the close of business on March 1, 2023. 

At a stock price of $66 the dividend yield for Stifel is 1.9%. The next ex-dividend date will be February 28, 2023. In 2022 the company doubled its dividend.

Stifel Financial Corp. 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. 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.

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