JPMorgan Sets Preferred Dividends

Global financial services firm JPMorgan Chase (NYSE: JPM  ) announced today it was paying dividends on two classes of preferred shares as follows:

  • 5.50% Series O non-cumulative preferred stock of $137.50 per share, which is equivalent to $0.34375 per related depositary share
  • 5.45% Series P non-cumulative preferred stock of $136.25 per share, which is equivalent to $0.340625 per related depositary share.

The board of directors said the quarterly dividend is payable on December 2 to holders of record at the close of business on November 1.

The financial services giant also pays a dividend on its common shares equating to a $1.52-per-share annual dividend, yielding 2.9% based on the closing price today of JPMorgan Chase's stock.

JPM Dividend Chart

JPM Dividend data by YCharts.


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12/18/2014 4:01 PM
JPM $61.48 Up +1.71 +2.86%
JPMorgan Chase & C… CAPS Rating: ****

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