Aggressive · Stocks to Consider and Updates

Chase Hikes Dividend

The Board of Directors of JPMorgan Chase & Co. (NYSE: JPM – $118.57) declared a quarterly dividend of $0.90 per share, a 12 ½% increase from the prior quarterly payout of $0.80. The dividend is payable on October 31, 2019 to stockholders of record at the close of business on October 4, 2019. The new annualized rate of $3.60 will yield investors 3.03% at current levels. The shares of the country’s largest financial institution posted a record all-time high on Friday, and can continue to be held in an aggressive account.

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