JPMorgan (JPM) Declares Preferred Stock Dividend

JPMorgan Chase & Co. (NYSE: JPM) declared a quarterly dividend on the outstanding shares of the corporation’s 8.625% Non-Cumulative Preferred Stock, Series J, in the amount of $215.6250 per share.

The dividend is payable June 1, 2011, to stockholders of record at the close of business on May 2, 2011.

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