- Jefferies Financial Group press release (NYSE:JEF): Q2 GAAP EPS of $0.64 beats by $0.01.
- Revenue of $1.66B (+59.6% Y/Y) beats by $70M.
- Annualized return on adjusted tangible shareholders' equity1 of 9.2%
- Net revenues of $1.66 billion
- Investment Banking net revenues of $803 million
- Capital Markets net revenues of $691 million
- Asset Management net revenues (before allocated net interest4) of $173 million
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Increased Quarterly Cash Dividend
The Jefferies Board of Directors declared a quarterly cash dividend equal to $0.35 per Jefferies common share, a 16.7% increase from the prior dividend rate, payable on August 30, 2024 to record holders of Jefferies common shares on August 19, 2024.
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