RAYMOND JAMES FINANCIAL INC 8-K
Research Summary
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Raymond James Financial Reports 2026 Annual Meeting Results, Declares Dividend
What Happened
Raymond James Financial, Inc. filed an 8-K (Feb 23, 2026) reporting the results of its 2026 Annual Meeting held Feb 19, 2026 and announcing that the Board declared a quarterly cash dividend of $0.54 per share. All 12 director nominees were elected by a majority of votes cast. Shareholders also approved, on an advisory basis, executive compensation and ratified KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending Sept. 30, 2026.
Key Details
- All 12 director nominees were elected; there were 23,954,132 broker non‑votes recorded for director elections.
- Advisory vote on named executive officer compensation: 94.74% of votes cast were “For.” (23,954,132 broker non‑votes noted.)
- Amended and Restated 2012 Stock Incentive Plan approved: 95.32% “For.”
- Amended and Restated 2003 Employee Stock Purchase Plan approved: 99.39% “For.”
- Ratification of KPMG LLP as independent auditor: approved with 95.37% “For”; no broker non‑votes for this item.
- Dividend declared: $0.54 per common share, payable April 15, 2026 to shareholders of record on April 1, 2026 (declared Feb 19, 2026).
Why It Matters
These votes confirm board continuity and strong shareholder support for executive compensation and the company’s equity‑based incentive and employee purchase plans, which may affect future share-based awards and potential dilution. Ratifying KPMG maintains auditor continuity. The declared $0.54 quarterly dividend is a direct cash return to common shareholders with clear record and payment dates for investors considering income or yield.