JPMorgan (JPM) PT Raised to $102 at Credit Suisse

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JPMorgan (JPM) Plans Dividend Increase to $0.56/Share, $19.4B Buyback

June 28, 2017 4:50 PM EDT

JPMorgan Chase & Co. (NYSE: JPM) announced today that the Federal Reserve Board does not object to the Firm's capital plan under the recently concluded 2017 Comprehensive Capital Analysis and Review (CCAR). JPMorgan Chases Board of Directors intends to increase the quarterly common stock dividend to $0.56 per share (up from the current $0.50 per share), effective the third quarter of 2017, and has authorized gross common equity repurchases of up to... More