Dow Component JPMorgan Chase (JPM) To Go Ex-dividend

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The Dow Jones Industrial Average ( ^DJI) is trading up 33 points (+0.2%) at 17,104 as of Tuesday, Sep 30, 2014, 10:36 a.m. ET. During this time, 65 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 298.3 million. The NYSE advances/declines ratio sits at 1,268 issues advancing vs. 1,636 declining with 178 unchanged.
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Thursday, October 2, 2014 is the ex-dividend date for Dow component JPMorgan Chase (NYSE: JPM). Owners of shares as of market close today will be eligible for a dividend of 40 cents per share. At a price of $60.45 as of 10:36 a.m. ET, the dividend yield is 2.6% compared to the average Dow component yield of 2.6%.

The average volume for JPMorgan Chase has been 12.9 million shares per day over the past 30 days. JPMorgan Chase has a market cap of $229.59 billion and is part of the financial sector and banking industry. Shares are up 3.2% year-to-date as of Monday's close.

JPMorgan Chase & Co., a financial holding company, provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Management. The company has a P/E ratio of 15.5, below the average banking industry P/E ratio of 15.8.
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