Investor Presentaiton
Capital return through dividends and share repurchases
DIVIDENDS PAID AND SHARE REPURCHASES
$ MILLIONS
■Share Repurchases*
943
■Dividends Paid
•
191
468
752
336
205
258
187
218
•
113
127
131
263
151
145
127
118
131
36
FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FYTD 2022
# of Shares
Repurchased*
4,745
(thousands)
Average Share
Price of Shares $30.46
Repurchased
602
14,740
5,028
1,474
$60.39
$51.00
$52.33
$80.21
•
Since FY 2016, returned $2.4 billion to shareholders
through dividends and share repurchases.
Quarterly dividend rate of $0.34 per share declared on
February 25, 2022.
Target dividend of 20-30% of earnings. In market
downturns, the company strives to maintain its most
recent dividend, if feasible.
Remain committed to offset share-based compensation
dilution and expect to opportunistically repurchase shares
over the long-term.
.
$1 billion remains under current share repurchase
authorization**.
69
Note: During our fiscal fourth quarter of 2021 the Board of Directors approved a 3-for-2 stock split, effected in the form of a 50% stock dividend, paid on September 21,
2021. All share and per share information has been retroactively adjusted to reflect this stock split. FYTD 2022 includes first two quarters of fiscal year 2022. *Under the
Board of Directors' share repurchase authorization. **As of May 24, 2022.
RAYMOND JAMESView entire presentation