JPMorgan Chase Plans Dividend Increase and $19.4 Billion Capital Repurchase Program

JPMorgan Chase press release June 28, 2017 ------ JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced that the Federal Reserve Board does not object to the Firm's capital plan under the recently concluded 2017 Comprehensive Capital Analysis and Review (“CCAR”). JPMorgan Chase’s Board of Directors intends to increase the quarterly common stock dividend to $0.56 per share (up from the current $0.50 per share), effective the third quarter of 2017, and has authorized gross common equity repurchases of up to $19.4 billion between July 1, 2017 and June 30, 2018 under a new common equity repurchase program. To learn more click on the picture below to read the release.