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Jefferies Financial Q3 Profit Rises

Jefferies Financial Group Inc. (JEF) Wednesday reported third-quarter net income of $304.4 million or $1.07 per share, up from $48.4 million or $0.15 per share last year.

Revenues for the quarter rose to $1.62 billion from $856.8 million last year.

In addition, the Jefferies Board of Directors declared a quarterly cash dividend equal to $0.15 per share payable on November 25, 2020 to record holders of November 13, 2020.

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