JPMorgan Chase raised its dividend 9.5% to $1.15 per share, following record annual profits.
JPMorgan Chase unexpectedly raised its dividend by 9.5% to $1.15 per share, following record annual profits. The decision comes as regulators signal they might reconsider plans to tighten capital rules. This is the second time in a year that the US bank has boosted its quarterly payout, with a total of $60 billion sent to shareholders through dividends and stock buybacks over the past three years.
March 19, 2024
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