JPMorgan Chase Raises Quarterly Dividend to $1.05 Per Share
19 September 2023 - 11:06PM
Dow Jones News
By Stephen Nakrosis
JPMorgan Chase & Co. said Tuesday its board approved an
increase in the company's quarterly dividend to $1.05 per share
from $1.
The new dividend will be payable on Oct. 31 to shareholders at
the close of business on Oct. 6.
In June, JPMorgan said it completed the Federal Reserve's stress
test process, and at that time announced the board's intention to
raise the quarterly dividend. The company said then that it
continues to be authorized to repurchase common shares under its
existing program.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
September 19, 2023 16:51 ET (20:51 GMT)
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