Jefferies Financial Group Declares $0.40 Quarterly Dividend

Jefferies Financial Group Inc. (NYSE: JEF), a global investment banking and capital markets firm, announced a quarterly cash dividend of $0.40 per common share. The dividend is payable May 29, 2026 to shareholders of record as of May 18, 2026. Read more dividend announcements.

The dividend was declared by the company's Board of Directors as part of its regular quarterly distribution to common shareholders.

First Quarter Performance

The dividend announcement accompanied Jefferies' first quarter 2026 financial results. The company reported net earnings attributable to common shareholders of $155.7 million, or $0.70 per diluted share from continuing operations, compared to $127.8 million, or $0.57 per share, in the first quarter of 2025.

Total net revenues reached $2.02 billion, up from $1.59 billion in the prior-year period. Investment banking net revenues climbed to $1.02 billion from $700.7 million, while capital markets net revenues increased to $778.8 million from $698.3 million.

Return on adjusted tangible shareholders' equity was 10.9% for the quarter, compared to 8.0% a year earlier. Book value per common share stood at $51.91, up from $49.48 in the first quarter of 2025.

Share Repurchase Activity

During the first quarter, Jefferies repurchased 3.0 million shares of common stock for $174 million, representing an average price of $58.18 per share. The company's Board of Directors increased the share buyback authorization to a total of $250 million.

First quarter net earnings included a $36 million non-cash, after-tax write-down of goodwill related to the announced sale of Tessellis, along with $17 million of losses from Market Financial Solutions and First Brands after adjusting for compensation and taxes.