JPMorgan Chase Declares Fresh Common Stock Dividend; Yield is Just Under 4%
JPMorgan Chase (NYSE: JPM) has elected to maintain its current common stock dividend policy. On Monday, the company's board of directors declared that the sprawling bank's next quarterly payout would be $0.90 per share for that class of security. This matches each of the company's three most recent distributions, that latest of which was handed out on April 30.
The upcoming dividend is to be paid on July 31 to investors of record as of July 6. As of the most recent closing stock price, its yield is slightly under 4%.
Image source: JPMorgan Chase.
Source Fool.com
