JPMorgan Chase Declares Preferred Stock Dividends

Rhea-AI Summary

JPMorgan Chase & Co. (NYSE: JPM) has announced dividends for its Series DD, EE, GG, JJ, KK, LL, and MM preferred stock. As of September 30, 2022, the firm reported $3.8 trillion in assets and $288 billion in stockholders’ equity, reinforcing its position as a leader in investment banking and financial services. Detailed information is available on its Investor Relations website.

Positive

• Declared dividends for multiple series of preferred stock, signaling financial strength.
• Total assets of $3.8 trillion and stockholders’ equity of $288 billion as of September 30, 2022, indicating robust financial health.

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the Firm’s Series DD, EE, GG, JJ, KK, LL, & MM preferred stock. 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 $3.8 trillion in assets and $288 billion in stockholders’ equity as of September 30, 2022. 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/20221014005488/en/

Investor Contact:

Mikael Grubb

212-270-2479



Media Contact:

Joseph Evangelisti

212-270-7438

Source: JPMorgan Chase & Co.

FAQ

What is the dividend amount declared by JPMorgan Chase?

The press release did not specify the exact dividend amounts for the Series DD, EE, GG, JJ, KK, LL, and MM preferred stock.

When will the dividends be paid for JPMorgan Chase's preferred stock?

The payment dates for the declared dividends were not mentioned in the press release.

How often does JPMorgan Chase pay dividends on its preferred stock?

The frequency of dividend payments is typically quarterly, but specific details should be confirmed on the Investor Relations website.

What is the impact of dividend declarations on JPM's stock price?

Dividend declarations can positively affect stock prices by indicating financial health and providing income to shareholders.