JPMorgan Chase Declares Common Stock Dividend

Rhea-AI Summary

JPMorgan Chase has declared a quarterly dividend for its common stock shareholders. The financial giant, holding $4.1 trillion in assets and $337 billion in stockholders' equity as of March 31, 2024, continues to lead in various sectors like investment banking, consumer and small business financial services, commercial banking, and asset management. The firm serves millions of customers in the U.S. and globally under the J.P. Morgan and Chase brands. For further details, visit the investor relations section on the company's official website.

Positive

• JPMorgan Chase declared a quarterly dividend, indicating potential income for shareholders.
• The firm holds $4.1 trillion in assets, highlighting its financial strength.
• JPMorgan Chase has $337 billion in stockholders' equity as of March 31, 2024.
• The company is a leader in investment banking, commercial banking, and asset management.

Negative

• The press release lacks specific details on the dividend amount.
• No information provided on the dividend yield or payout ratio, which could affect investor sentiment.

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) declared a quarterly dividend on the outstanding shares of the common stock of JPMorgan Chase. Information can be found on the Firm’s Investor Relations website at https://www.jpmorganchase.com/ir/news.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide. JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S., and many of the world’s most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240520103983/en/

Investor Contact:

Mikael Grubb

212-270-2479

Media Contact:

Joseph Evangelisti

212-270-7438

Source: JPMorgan Chase & Co.

FAQ

What is the recent dividend declaration by JPMorgan Chase?

JPMorgan Chase has declared a quarterly dividend for its common stock shareholders.

How much in assets does JPMorgan Chase hold?

As of March 31, 2024, JPMorgan Chase holds $4.1 trillion in assets.

What is JPMorgan Chase's stockholders' equity as of March 31, 2024?

JPMorgan Chase's stockholders' equity stands at $337 billion as of March 31, 2024.

What are the main sectors JPMorgan Chase operates in?

JPMorgan Chase operates in investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management.