Press Release

Release No. 0506-06
May 26, 2006

RAYMOND JAMES FINANCIAL BOARD
DECLARES QUARTERLY DIVIDEND

ST. PETERSBURG, Fla. – The Raymond James Financial Board of Directors Thursday authorized a quarterly cash dividend on its common shares of $.08 per share, payable July 19 to shareholders of record July 3.

This is the 20th consecutive year in which Raymond James has paid its shareholders a dividend.

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three wholly owned broker/dealers, Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd. have more than 4,800 financial advisors serving 1.4 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are approximately $167 billion, of which approximately $31 billion are managed by the firm’s asset management subsidiaries.

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For more information, please contact Tracey Bustamante at 727-567-2824.
Please visit the Raymond James Press Center at raymondjames.com/media.