JPMorgan Chase Declares Preferred Stock Dividends

Rhea-AI Summary

JPMorgan Chase & Co. (NYSE: JPM) has announced dividends for its Series AA, BB, DD, EE, GG & JJ preferred stock. This move reflects the firm's strong financial position, with assets totaling $3.7 trillion. As a leader in various financial services, JPMorgan continues to support its stakeholders. For more information on the dividends, shareholders can visit the Investor Relations website.

Positive

• Declaring dividends on preferred stock demonstrates financial stability.
• Assets of $3.7 trillion indicate a strong balance sheet.

Negative

• None.

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series AA, BB, DD, EE, GG & JJ 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/20210415006049/en/

FAQ

What are the dividend details for JPMorgan Chase's preferred stock?

JPMorgan Chase has declared dividends on its Series AA, BB, DD, EE, GG & JJ preferred stock.

When will JPMorgan Chase pay its declared dividends?

The specific payment dates can be found on the firm's Investor Relations website.

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

JPMorgan Chase typically pays dividends on a regular schedule as part of its capital management strategy.

Is JPMorgan Chase's dividend sustainable?

Considering the firm's strong asset base of $3.7 trillion, the dividends appear sustainable.