JPMorgan Chase To Increase Dividend From $1.15 To $1.25/Share, Authorizes $30B Buyback Program
Portfolio Pulse from Bill Haddad
JPMorgan Chase has announced an increase in its quarterly dividend from $1.15 to $1.25 per share and has authorized a $30 billion share buyback program.
June 28, 2024 | 8:42 pm
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JPMorgan Chase has announced an increase in its quarterly dividend from $1.15 to $1.25 per share and has authorized a $30 billion share buyback program.
The increase in dividend and the large share buyback program are positive signals to investors, indicating strong financial health and a commitment to returning value to shareholders. This is likely to have a positive short-term impact on JPM's stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100