JPMorgan Chase Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Global financial services giant JPMorgan Chase announced today its third-quarter dividend of $0.38 per share, the same rate it paid last quarter after raising the payout to investors 27%, from $0.30 per share.

The board of directors said the quarterly dividend is payable on Oct. 31 to the holders of record at the close of business on Oct. 4. The regular dividend payment equates to a $1.52-per-share annual dividend, yielding 2.9% based on the closing price today of JPMorgan Chase's stock.

JPM Dividend Chart
JPM Dividend Chart


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The article JPMorgan Chase Keeps Dividend Steady originally appeared on Fool.com.

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