JPMorgan Sets Preferred Dividends
Global financial services firm JPMorgan Chaseannounced today it was paying dividends on two classes of preferred shares as follows:
5.50% Series O non-cumulative preferred stock of $137.50 per share, which is equivalent to $0.34375 per related depositary share
5.45% Series P non-cumulative preferred stock of $136.25 per share, which is equivalent to $0.340625 per related depositary share.
The board of directors said the quarterly dividend is payable on December 2 to holders of record at the close of business on November 1.
The financial services giant also pays a dividend on its common shares equating to a $1.52-per-share annual dividend, yielding 2.9% based on the closing price today of JPMorgan Chase's stock.
JPM Dividend data by YCharts.
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