Analyst Research

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Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

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JPMorgan Chase & Co Announces Second-Quarter Common Stock Dividend; Authorizes Share Repurchases

Friday, 12 Apr 2013 06:59am EDT 

JPMorgan Chase & Co announced that the Board of Directors intends to increase the second-quarter common stock dividend to $0.38 per share from the current $0.30 per share, returning the dividend to highest level. The Board has also authorized the Firm to repurchase $6 billion of common equity commencing with the second quarter of this year through the end of the first quarter of 2014.