Jefferies Financial Group Inc. (JEF) To Go Ex-Dividend on May 18th

Jefferies Financial Group Inc. (NYSE:JEF) announced a quarterly dividend on Wednesday, March 25th. Shareholders of record on Monday, May 18th will be paid a dividend of 0.40 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Monday, May 18th.

Jefferies Financial Group has raised its dividend payment by an average of 0.2%annually over the last three years and has raised its dividend annually for the last 2 consecutive years. Jefferies Financial Group has a payout ratio of 38.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect Jefferies Financial Group to earn $4.91 per share next year, which means the company should continue to be able to cover its $1.60 annual dividend with an expected future payout ratio of 32.6%.

Jefferies Financial Group Stock Down 1.3%

Shares of JEF opened at $52.24 on Friday. Jefferies Financial Group has a 52-week low of $35.53 and a 52-week high of $71.04. The company has a market capitalization of $10.68 billion, a PE ratio of 17.65 and a beta of 1.53. The stock has a fifty day simple moving average of $44.29 and a two-hundred day simple moving average of $53.15. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 1.87.

Jefferies Financial Group (NYSE:JEF) last issued its earnings results on Wednesday, March 25th. The financial services provider reported $0.70 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.19). Jefferies Financial Group had a return on equity of 7.83% and a net margin of 6.61%.The company had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.02 billion. During the same period last year, the business earned $0.57 earnings per share. The firm’s revenue was up 26.6% compared to the same quarter last year. As a group, equities analysts forecast that Jefferies Financial Group will post 3.79 EPS for the current year.

About Jefferies Financial Group

Jefferies Financial Group Inc is a diversified financial services company that provides a range of investment banking, capital markets and asset management services to corporations, governments and institutional investors worldwide. Through its core platform, Jefferies offers advisory services for mergers and acquisitions, debt and equity underwriting, restructuring and recapitalization. The firm also operates a global sales and trading business covering equities, fixed income and foreign exchange products, complemented by equity research and macroeconomic analysis.

In addition to its capital markets franchise, Jefferies maintains a growing asset management division that delivers customized investment solutions across public and private markets.