Raymond James Financial announces 3-for-2 stock split and declares quarterly dividend

ST. PETERSBURG, Fla. - On August 24, 2021, the Board of Directors of Raymond James Financial, Inc. (NYSE: RJF) approved a 3-for-2 common stock split, effected in the form of a 50% stock dividend, payable September 21, 2021 to shareholders of record on September 9, 2021. Shareholders of record at the close of business on September 9, 2021 will receive one additional share of Raymond James Financial common stock for every two shares owned. These additional shares will be distributed beginning September 21, 2021. Cash will be distributed in lieu of fractional shares based on the closing price on the NYSE on September 20, 2021.

On August 24, 2021, the Board of Directors also declared a quarterly cash dividend on shares of its post-split common stock of $0.26 per share, which is economically equivalent to the pre-split amount of $0.39 per share paid in the preceding quarter. The cash dividend is payable on October 15, 2021 to shareholders of record on October 1, 2021.

“These actions reflect our continued confidence in the long-term outlook for Raymond James,” said Chairman and CEO Paul Reilly.

About Raymond James Financial, Inc.
Raymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations and municipalities. The company has approximately 8,400 financial advisors. Total client assets are $1.17 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.

Forward-Looking Statements
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