JPMorgan Chase Declares Preferred Stock Dividends

Rhea-AI Summary

JPMorgan Chase & Co. has announced dividends on its Series V preferred stock. The company, a leader in the financial services sector with assets of $3.7 trillion, emphasizes its role in investment banking, commercial banking, and asset management. Shareholders can find further details on the dividends on the Firm's Investor Relations website. JPMorgan Chase serves a diverse clientele, including major corporate and government clients globally, showcasing its prominence in the industry.

Positive

• Continuing dividends on Series V preferred stock indicates financial stability.
• Strong asset base of $3.7 trillion enhances investor confidence.

Negative

• None.

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series V 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 global financial services firm with assets of $3.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210514005541/en/

FAQ

What is the dividend amount for JPMorgan Chase's Series V preferred stock?

The specific dividend amount has not been mentioned in the press release.

When will JP Morgan Chase pay dividends on its Series V preferred stock?

The payment date for the dividends was not specified in the press release.

How often does JPMorgan Chase pay dividends?

The frequency of dividends for JPMorgan Chase's Series V preferred stock is typically quarterly.

Is the dividend sustainable for JPMorgan Chase?

The sustainability of the dividend appears positive, given the firm's robust asset base.