JPMorgan Chase Plans Dividend Increase and $20.7 Billion Capital Repurchase Program

JPMorgan Chase June 28, 2018 press release -------- JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) announced today that the Federal Reserve Board does not object to the Firm's capital plan under the recently concluded 2018 Comprehensive Capital Analysis and Review (“CCAR”). JPMorgan Chase’s Board of Directors intends to increase the quarterly common stock dividend to $0.80 per share (up from the current $0.56 per share), effective the third quarter of 2018 and has authorized gross common equity repurchases of up to $20.7 billion between July 1, 2018 and June 30, 2019 under a new common equity repurchase program. To learn more click on the picture below to read the release.