Raymond James Financial, Inc.
RJFFinancial Services · Stock · quarterly payer
Forward Yield
1.28%
Annual Dividend
$2.16
Payout Ratio
18%
5-Yr Growth
15.2%
Ex-Date
Jul 1, 2026
Frequency
Quarterly
Summary
As of July 2026, Raymond James Financial, Inc. (RJF) yields 1.28% ($2.16 per share annually), with a blended fair-value estimate of $404.44 — +139% upside, so it screens as undervalued. Dividend safety grade: A (99/100). 16 years of dividend growth.
Is RJF a good dividend stock?
YesRaymond James Financial, Inc. (RJF) pays a quarterly dividend yielding 1.28% ($2.16/yr), with 16 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.
Advantages
- 16 consecutive years of dividend growth
- Never cut its dividend on record
- Comfortable payout ratio (18%)
- Strong 15.2% 5-yr dividend growth
- 82% total price return over 5 years
- Top-tier dividend safety score
Risks
- Single-stock concentration risk — diversify
Key Data
- Dividend Yield
- 1.28%
- Payout Ratio
- 18%
- Annual Dividend
- $2.16
- 5-Yr Avg Growth
- 15.2%
- Ex-Dividend Date
- Jul 1, 2026
- Years of Growth
- 16
- Frequency
- quarterly
- Beta
- 0.94
- Market Cap
- $32.5B
- P/E Ratio
- 14.8
- 5-Yr Total Return
- 82%
- 52-Week Range
- $138.82 – $177.66
- Dividend Safety
- A · 99/100
- Ever Cut?
- No
Frequently Asked Questions
RJF Price — Last 12 Months
Daily close
Price Return
1 Year
-0%
3 Years
+62%
5 Years
+82%
52-Week Range
$138.82 – $177.66
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is RJF worth?
Undervaluedlow confidenceOur blended fair-value estimate for Raymond James Financial, Inc. is $404.44 per share, versus a market price of $169.30. That implies 139% of upside — a margin of safety of about 58%.
Fair Value
$404.44
Current Price
$169.30
Upside
+139%
Margin of Safety
58%
How we get there
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 17.3% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.0% discount rate (CAPM), 17.3% stage-1 growth, 2.5% terminal growth, $11.46 EPS, $2.16 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
RJF Dividend Safety Score
Very Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 1, 2026 | — | $0.5400 | regular |
| Apr 1, 2026 | — | $0.5400 | regular |
| Jan 2, 2026 | — | $0.5400 | regular |
| Oct 1, 2025 | — | $0.5000 | regular |
| Jul 1, 2025 | — | $0.5000 | regular |
| Apr 1, 2025 | — | $0.5000 | regular |
| Jan 2, 2025 | — | $0.5000 | regular |
| Oct 1, 2024 | — | $0.4500 | regular |
| Jul 1, 2024 | — | $0.4500 | regular |
| Mar 28, 2024 | — | $0.4500 | regular |
| Dec 29, 2023 | — | $0.4500 | regular |
| Sep 29, 2023 | — | $0.4200 | regular |
| Jun 30, 2023 | — | $0.4200 | regular |
| Mar 31, 2023 | — | $0.4200 | regular |
Income Calculator
At $2.16 / yr per share
