JPMorgan Chase hikes dividend by 12%

JPMorgan Chase (JPM) will hike the quarterly dividend by 12% to $1.40 per share in 2025. JPMorgan Chase has raised the dividend 15 consecutive years and now yields 2.4%.

The Board of Directors of JPMorgan Chase & Co. declared a quarterly dividend of $1.40 per share on the outstanding shares of the common stock of JPMorganChase, an increase from the prior quarterly dividend of $1.25 per share. The dividend is payable on April 30, 2025, to stockholders of record at the close of business on April 4, 2025.  

JPMorgan Chase & Co. is engaged in investment banking and financial services. JPM operates in four segments, as well as a Corporate segment. Its segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The company provides services such as treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance.