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 preferred stock. This demonstrates the Firm's commitment to returning value to shareholders. With assets totaling $3.4 trillion, JPMorgan Chase is a global leader in financial services, including investment banking and commercial banking. For further details on the dividends and updates, investors can visit the Firm's Investor Relations website.

Positive

• Announcement of dividends for Series AA, BB, DD, EE & GG preferred stock highlights shareholder value.
• Firm maintains strong asset base of $3.4 trillion, indicating solid financial health.
• Affirmation of market position as a leader in investment banking and financial services.

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 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 $3.4 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/20210115005559/en/

FAQ

What is the dividend amount for JPMorgan Chase preferred stock?

The specific dividend amounts have not been detailed in the press release.

When are the dividends for JPMorgan Chase preferred stock being paid?

The press release does not specify the payment date for the dividends.

How often does JPMorgan Chase pay dividends on preferred stock?

The frequency of dividend payments for JPMorgan Chase preferred stock is typically quarterly, though specific frequencies can vary.

Is JPMorgan Chase's dividend sustainable?

While the press release emphasizes dividend declarations, sustainability would depend on the Firm's ongoing financial performance and market conditions.