JPMorgan Chase Declares Preferred Stock Dividend

JPMorgan Chase & Co. (NYSE:JPM) declared a quarterly dividend on the outstanding shares of each of the corporations’s following preferred stock issues:
  • 8.625% Non-Cumulative Preferred Stock, Series J - $215.6250 per share (equivalent to $0.5390625 per related Depositary Share).
  • 5.50% Non-Cumulative Preferred Stock, Series O - $137.50 per share (equivalent to $0.34375 per related Depositary Share).
  • 5.45% Non-Cumulative Preferred Stock, Series P - $136.25 per share (equivalent to $0.340625 per related Depositary Share).

The dividend payment date is Sunday September 1, 2013, and the dividend will be paid on September 3, 2013 to stockholders of record at the close of business on August 2, 2013.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers 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.

Copyright Business Wire 2010

If you liked this article you might like

Bitcoin Will Soar to $5,000 Barring a Major Catastrophe

Strange Days at Apple

China's Banks Halt Business With North Korea Per United Nations Sanctions

PayPal's Stock Has Blown Away Facebook and Google This Year for One Big Reason

Why PayPal Stock Is on Fire