JPMorgan Chase Declares Preferred Stock Dividend
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 2.3%
Revenue Growth %: +9.3%
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NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYSE: JPM) declared dividends on the outstanding shares of the following preferred stock issue:
- Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X in the amount of $305.00 per share (which is equivalent to $30.50 per related Depositary Share).
The dividend is payable October 1, 2015 to stockholders of record at the close of business on September 1, 2015.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150814005551/en/
JPMorgan Chase & Co.
Investor:
Sarah Youngwood,
212-270-7325
or
Media:
Joseph Evangelisti, 212-270-7438
Source: JPMorgan Chase & Co.
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