JPMorgan Chase Stock To Go Ex-dividend Tomorrow (JPM)

NEW YORK ( TheStreet) -- The ex-dividend date for JPMorgan Chase (NYSE: JPM) is tomorrow, July 2, 2013. Owners of shares as of market close today will be eligible for a dividend of 38 cents per share. At a price of $53.32 as of 9:30 a.m. ET, the dividend yield is 2.9%.

The average volume for JPMorgan Chase has been 23.2 million shares per day over the past 30 days. JPMorgan Chase has a market cap of $200.89 billion and is part of the financial sector and banking industry. Shares are up 20.1% year to date as of the close of trading on Friday.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company has a P/E ratio of 9.7, below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates JPMorgan Chase as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full JPMorgan Chase Ratings Report.

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