JPMorgan Chase & Co. (NYSE:JPM) disclosed on Tuesday that its Board of Directors set up an increase of its quarterly dividend to $1.15 per, which will be paid to stockholders next April 5 when the trading operations finish.

This raise signified a 9.5% jump from the prior quarterly dividend of $1.05 per share and may signal confidence in its financial solidity.

The US financial institution remarked that its assets reached $3.9 trillion and $328 billion in stockholders’ equity on December 31, 2023.

Join the discussion: Connect with other investors on your favorite stocks or explore the top-talked-about stocks on our Breakout Boards.

This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.