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SF-B Stifel Financial ADRs of 6.25% Non-Cumulative Preferred Series B

We will pay cash dividends on the Series B Preferred Stock, only when, as, and if declared by our board of directors, or a duly authorized committee of the board, out of funds legally available to pay dividends, at an annual rate of 6.25% on the liquidation preference amount of $25, quarterly in arrears, on March 15, June 15, September 15 and December 15 of each year, beginning on June 15, 2019. Dividends ill not be cumulative and will not be mandatory. In the event dividends are not declared on the Series B Preferred Stock for payment on any divided payment date, then those dividends will not be cumulative and will cease to accrue and be payable. We may redeem the Series B Preferred Stock in whole or in part, from time to time, on or after March 15, 2024, at a cash redemption price equal to $25,000 per share of Series B Preferred Stock (equivalent to $25 per depositary share) plus any declared and unpaid dividends, and without accumulation of any undeclared dividends, to, but excluding, the redemption date.  This security was issued by Stifel Financial Corp, whose common stock symbol is SF.

$22.57  +0.47 (2.13%)
As of 03/27/2023 11:15:25 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Capital Markets
Index country:  USA
Country of incorporation:  USA
IPO date:  03/08/2019
Outstanding shares:  6,000,000
Average volume:  15,019
Market cap:   $139,860,000
Current dividend yield:  6.70%    calculation
Coupon rate:    6.250%
Cumulative:    No
Liquidation value:   $25.00
Callable after:   03/15/2024
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      BJ8J3L3

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