NEW YORK (
) -- The ex-dividend date for
) is tomorrow, September 29, 2011. Owners of shares as of market close today will be eligible for a dividend of 13 cents per share. At a price of $27.38 as of 10 a.m. ET, the dividend yield is 1.9%.
The average volume for Raymond James Financial has been 986,900 shares per day over the past 30 days. Raymond James Financial has a market cap of $3.4 billion and is part of the
industry. Shares are down 15.9% year to date as of the close of trading on Tuesday.
Raymond James Financial, Inc., through its subsidiaries, engages in the underwriting, distribution, trading, and brokerage of equity and debt securities, as well as the sale of mutual funds and other investment products in the United States, Canada, and Europe. The company has a P/E ratio of 12.3, equal to the average financial services industry P/E ratio and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Raymond James Financial as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, solid stock price performance, reasonable valuation levels and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full