JPMorgan Chase Increases Common Stock Dividend From $1.05 To $1.15 Per Share
Portfolio Pulse from Benzinga Newsdesk
JPMorgan Chase & Co. (NYSE:JPM) has announced an increase in its quarterly common stock dividend from $1.05 to $1.15 per share, payable on April 30, 2024, to stockholders of record as of April 5, 2024.
March 19, 2024 | 8:59 pm
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JPMorgan Chase & Co. has raised its quarterly dividend from $1.05 to $1.15 per share, indicating a strong financial position and commitment to returning value to shareholders.
Increasing dividends is often seen as a sign of a company's good health and a positive outlook, which can attract more investors and potentially drive up the stock price. Given JPMorgan Chase's significant role in the financial sector, this increase in dividends could be seen as a strong signal of confidence in its future earnings and financial stability.
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