Dividend paying broker and dealer stocks
Brokers, dealers and exchanges earn on volumes and spreads. Revenue is volatile, so the best of them keep payout ratios low and lean on buybacks instead.
16 operating companies currently paying a dividend, median yield 1.55%. Funds and ETFs are excluded on purpose — this is companies only. Prices as of Sep 1, 2026.
- 1COHNCohen & Company Inc.8.90%
- 2NAVINavient Corporation6.87%
- 3JEFJefferies Financial Group Inc.3.03%
- 4MSMorgan Stanley2.14%
- 5BLKBlackRock, Inc.2.03%
- 6MKTXMarketAxess Holdings, Inc.1.92%
- 7GSGoldman Sachs Group, Inc. (The)1.73%
- 8SFStifel Financial Corporation1.68%
- 9VIRTVirtu Financial, Inc.1.43%
- 10RJFRaymond James Financial, Inc.1.23%
- 1PIPRPiper Sandler Companies32.2%/yr
- 2GSGoldman Sachs Group, Inc. (The)22.9%/yr
- 3MSMorgan Stanley22.4%/yr
- 4SFStifel Financial Corporation22.0%/yr
- 5JEFJefferies Financial Group Inc.21.7%/yr
- 6IBKRInteractive Brokers Group, Inc.12.8%/yr
- 7RJFRaymond James Financial, Inc.12.5%/yr
- 8SCHWCharles Schwab Corporation (The8.4%/yr
- 9BLKBlackRock, Inc.7.5%/yr
- 10SEICSEI Investments Company7.0%/yr
No company in this sector pays monthly — the quarterly cheque is the norm here. For monthly income, look at REITs, BDCs and specialty finance.
Specialty financeAll 16 brokers & dealers dividend payers
16 shown · click any column to sort
| Company | Industry | Yield | Annual $ | Payout | Div growth | Streak | Quality | Size | 1Y |
|---|---|---|---|---|---|---|---|---|---|
MSraised Morgan Stanley | Brokers & Dealers | 2.14% | $4.60 | 32% | +22.4% | 12y | 52 | $337.3B | +40.2% |
GSraised Goldman Sachs Group, Inc. (The) | Brokers & Dealers | 1.73% | $18.00 | 26% | +22.9% | 13y | 41 | $301.1B | +34.5% |
SCHWraised Charles Schwab Corporation (The | Brokers & Dealers | 1.18% | $1.28 | 22% | +8.4% | 12y | 67 | $190.5B | +13.0% |
BlackRock, Inc. | Brokers & Dealers | 2.03% | $22.92 | 52% | +7.5% | 17y | 41 | $180.3B | +0.1% |
Interactive Brokers Group, Inc. | Brokers & Dealers | 0.36% | $0.35 | 13% | +12.8% | — | 65 | $43.4B | +45.2% |
Raymond James Financial, Inc. | Brokers & Dealers | 1.23% | $2.16 | 19% | +12.5% | 1y | 33 | $34.5B | +2.4% |
SEI Investments Company | Brokers & Dealers | 0.93% | $1.04 | 18% | +7.0% | 35y | 76 | $13.4B | +24.1% |
SFcut Stifel Financial Corporation | Brokers & Dealers | 1.68% | $1.36 | 23% | +22.0% | 10y | 39 | $12.3B | +2.6% |
Jefferies Financial Group Inc. | Brokers & Dealers | 3.03% | $1.60 | 54% | +21.7% | 8y | 52 | $12.2B | -19.9% |
Virtu Financial, Inc. | Brokers & Dealers | 1.43% | $0.96 | 16% | 0.0% | 1y | 21 | $5.9B | +55.8% |
MarketAxess Holdings, Inc. | Brokers & Dealers | 1.92% | $3.12 | 36% | +4.8% | 12y | 46 | $5.7B | -11.5% |
PIPRcut Piper Sandler Companies | Brokers & Dealers | 1.07% | $0.80 | 17% | +32.2% | — | 75 | $5.3B | -10.7% |
WisdomTree, Inc. | Brokers & Dealers | 0.48% | $0.12 | 22% | 0.0% | — | 61 | $3.7B | +79.7% |
OPYraised Oppenheimer Holdings, Inc. | Brokers & Dealers | 0.67% | $0.80 | 9% | +3.0% | — | 26 | $1.3B | +64.8% |
Navient Corporation | Brokers & Dealers | 6.87% | $0.64 | 200% | 0.0% | 1y | 49 | $887M | -32.3% |
COHNcut Cohen & Company Inc. | Brokers & Dealers | 8.90% | $1.00 | 21% | — | — | 27 | $36M | -9.4% |
Operating companies only — ETFs, closed-end funds, ADRs and preferred shares or baby bonds are excluded. Payout ratio and raise-streak data isn't published for every company; blanks mean we don't have it rather than zero. * marks a 3-year growth rate where 5 years isn't available; † marks a 12-month growth rate shown because the longer rate is distorted by a stock split.
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Frequently asked
How many brokers & dealers stocks pay a dividend?
We currently track 16 brokers & dealers operating companies paying a dividend, with a median yield of 1.55%. ETFs, closed-end funds and ADRs are excluded from this count — those are funds, not companies.
Which brokers & dealers stock has the highest dividend yield?
COHN shows the highest trailing yield in the sector at 8.90%. Treat the very top of any yield list with suspicion: an unusually high figure is often a special or one-off payment sitting in the trailing rate, or a share price that has collapsed.
Are high-yield brokers & dealers dividends safe?
Yield alone tells you nothing about safety. In this sector 15 of 16 companies pay out 60% or less of earnings, which is the group with genuine room to keep raising. 3 have cut their dividend recently, and 4 have raised.
Do any brokers & dealers companies pay monthly dividends?
No. Every dividend payer in this sector pays quarterly, semi-annually or annually. Monthly dividends are concentrated in REITs, BDCs and specialty finance.
How often is this list updated?
Nightly. Prices, yields, payout ratios and performance come from our own data pipeline, and this page reflects prices as of Sep 1, 2026. New dividend initiations and cuts are picked up automatically.
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