JPMorgan Chase As of October 10, 2023 ticker dps (an.) 2024 hike 2023 hike 2022 hike
JPM $4.20 5.0% 0.0% 11.1%
Business yield Hike yrs 5 yr CAGR freq. paid since
Financial Services 2.9% 13 5.6% Quarter N/A
JPMorgan hikes dividend by 12.5%

JPMorgan Chase & Co (JPM) will raise its quarterly dividend by 12.5 percent to $0.90 per share in 2019, marking the 9th consecutive year of dividend increases by the financial company.

The next JPM dividend will be paid on October 31, 2019 to shareholders of record on October 4, 2019. Based on the current stock price of $119 the new annual dividend rate of $3.60 per share yields 3.0%.

JPMorgan Chase & Co. is engaged in investment banking and financial services. The company provides services such as treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. The company´s segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management.