Does Jefferies Financial Group Belong in Your Dividend Portfolio?

Does Jefferies Financial Group Belong in Your Dividend Portfolio?

Following the release of its fourth-quarter and full-year earnings report for 2021, the investment bank Jefferies Financial Group (NYSE: JEF) hiked its quarterly dividend to $0.30. With its current share price recently dipping to about $38, that gives Jefferies an attractive dividend yield of nearly 3.2%. After the increase, does Jefferies belong in your portfolio as a dividend stock?