JPMorgan Chase Declares Preferred Stock Dividends

Rhea-AI Summary

JPMorgan Chase & Co. (NYSE: JPM) has announced dividends on its Series Q, U, and CC preferred stock. As of December 31, 2022, the firm reported $3.7 trillion in assets and $292 billion in stockholders’ equity. The bank is a major player in investment banking and commercial banking, serving millions in the U.S. and globally. For detailed information, please visit the firm’s Investor Relations website.

Positive

• Declaration of dividends on Series Q, U, and CC preferred stock indicates financial health.
• Strong asset base of $3.7 trillion reinforces investor confidence.

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 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 $292 billion in stockholders’ equity as of December 31, 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/20230315005720/en/

Investor Contact:

Mikael Grubb, 212-270-2479



Media Contact:

Joseph Evangelisti, 212-270-7438

 

Source: JPMorgan Chase & Co.

FAQ

What are the dividend amounts declared by JPMorgan Chase for its preferred stock?

The specific dividend amounts were not disclosed in the press release.

When is the dividend payment date for JPMorgan Chase's preferred stock?

The payment date is not specified in the press release.

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

The frequency of dividends for preferred stock is typically quarterly, but specific details were not provided.

What financial position does JPMorgan Chase hold?

As of December 31, 2022, JPMorgan Chase reported $3.7 trillion in assets and $292 billion in stockholders' equity.