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JPMorgan Chase & Co. (NYSE: JPM) has declared dividends on its Series I, Q, U & CC preferred stock. The firm, a prominent financial services company with $3.7 trillion in assets and $294.1 billion in stockholders' equity as of December 31, 2021, continues to lead in investment banking and asset management. This announcement underscores the company's ongoing commitment to return value to its shareholders. For more details, visit JPMorgan's Investor Relations.
Positive
Declared dividends on Series I, Q, U & CC preferred stock, indicating strong performance.
Maintained significant assets of $3.7 trillion, ensuring liquidity and stability.
Robust stockholders' equity at $294.1 billion demonstrates solid financial health.
Negative
None.
NEW YORK--(BUSINESS WIRE)--
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series I, Q, U & CC 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 $3.7 trillion in assets and $294.1 billion in stockholders’ equity as of December 31, 2021. 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.
What is the dividend amount declared by JPMorgan Chase?
The press release does not specify the exact dividend amount for the Series I, Q, U & CC preferred stock.
When will JPMorgan Chase pay the declared dividends?
The payment dates for the declared dividends are not mentioned in the press release.
How frequently does JPMorgan Chase declare dividends?
JPMorgan Chase typically declares dividends quarterly, but specific timing can vary.
Is the dividend sustainable for JPMorgan Chase?
Given JPMorgan's strong asset base and equity, the declared dividends suggest sustainability, but external market conditions can impact future decisions.