Raymond James raises quarterly dividend, increases stock repurchase program

Raymond James (RJF) board of directors declared a quarterly cash dividend on shares of its common stock of 54c per share, payable January 16, 2026 to shareholders of record on January 2, 2026. This is an 8% increase over the previous dividend of 50c per share paid on October 15. The board also authorized repurchase of the company’s shares of common stock in an aggregate amount of up to $2B. The $2B authorization replaces the previous repurchase authorization of $1.5B announced on December 3, 2024, under which approximately $105M was remaining as of December 2.