Aggressive · Stocks to Consider and Updates

JPMorgan Chase Boosts Dividend

JPM  As previously suggested last month, the Board of Directors of JPMorgan Chase & Co. (NYSE: JPM – $67.01) declared a third quarter dividend of $0.44 per share, and increase of 10% from the previous quarter and annualized at the rate of $1.76 per share. The dividend is payable on July 31 to shareholders of record as of July 6 and will yield investors 2.6%, at current levels. The shares, at a new all-time high, have worthwhile 3- to 5-year total return potential, enhanced by the healthy dividend yield, which should continue to grow at a pace commensurate with earnings.

JPM

 

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