Key Highlights

  • Raymond James' $0.54 quarterly dividend goes ex-dividend October 1, 2026 and is payable October 15 to shareholders of record.
  • Fiscal third-quarter net revenues were a record $3.93 billion, up 16%, with GAAP diluted EPS of $3.01.
  • Adjusted diluted EPS, a non-GAAP measure, was $3.14, excluding $25 million of after-tax acquisition-related expenses.
  • Client assets under administration reached a record $1.92 trillion, and fee-based account assets were $1.15 trillion.

Overview

Raymond James Financial, Inc.'s (NYSE:RJF) $0.54 quarterly dividend, declared August 26, 2026, yields 1.35% and matches the amount declared in February and May. Fiscal third-quarter GAAP diluted EPS was $3.01 and adjusted diluted EPS, a non-GAAP measure, was $3.14. The company pays preferred dividends separately.

Dividend Program and Shareholder Returns

Raymond James' board declared a regular quarterly common dividend of $0.54 per share on August 26, 2026, payable October 15 to shareholders of record on October 1. The $0.54 rate was also declared in February and May 2026.

The company pays preferred stock dividends separately from the common dividend. The latest filings identify no special or supplemental common dividend.

About the Company

Raymond James is a diversified financial services company providing private client wealth management, capital markets, investment banking, asset management and banking services through its Private Client Group, Capital Markets, Asset Management and Raymond James Bank businesses. Earnings depend on client assets, market levels, advisor recruiting, transaction volumes, investment banking activity, interest rates and credit quality.

Financial Performance Behind the Payout

Raymond James reported record fiscal third-quarter net revenues of $3.93 billion, up 16% year over year. Pre-tax income was $750 million, up 33%. Net income available to common shareholders was $595 million, or a record $3.01 per diluted share.

Adjusted net income available to common shareholders, a non-GAAP measure, was $620 million, or $3.14 per diluted share, excluding $25 million of after-tax acquisition-related expenses.

Return on common equity was 18.8%, and adjusted return on tangible common equity was 23.5%. Domestic Private Client Group net new assets were $21.7 billion.

Client Assets and an Acquisition Behind the Quarter

Client assets under administration were a record $1.92 trillion, and fee-based account assets were $1.15 trillion. Private Client Group assets in fee-based accounts rose 22% year over year.

The company completed its acquisition of Clark Capital, and the $25 million of after-tax acquisition-related expenses excluded from adjusted earnings reflect acquisition activity. Management described the quarter as including record client assets and net new assets.

Asset-based fee revenue is linked to market levels, so reported fees can vary with client asset values.

Outlook

Raymond James reports client assets, net new assets, net revenues and adjusted earnings each quarter, and client assets under administration were $1.92 trillion at June 30. Acquisition-related expenses, which were $25 million after tax in the quarter, are excluded from adjusted results.