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JPMorgan Chase Raises Dividend to $1.15 per Share

Provided by Dow Jones

Mar 19, 2024 9:05pm

By Stephen Nakrosis

JPMorgan Chase raised its quarterly dividend to $1.15 per share, from the previous dividend of $1.05 per share.

The dividend will be payable on April 30 to shareholders of record at the end of business on April 5, the company said.

The new dividend, $4.60 on an annualized basis, represents a dividend yield of about 2.4%, based on the stock's Tuesday closing price of $193.79.

In September of last year, the company hiked its dividend to $1.05 per share from $1.

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

(END) Dow Jones Newswires

March 19, 2024 17:05 ET (21:05 GMT)

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