JPM - What Is the Dividend Payout for JPMorgan Chase?
2024-07-02 06:11:00 ET
JPMorgan Chase (NYSE: JPM) is the largest bank in the United States and is an excellent dividend stock. Here's a rundown of how much it pays, how safe the dividend is, and the company's history of increasing it.
I won't keep you in suspense. JPMorgan Chase has a quarterly dividend of $1.15 as of June 2024, which gives it an annual dividend payout of $4.60 per share.
We can calculate the dividend yield by dividing this payout by the bank's stock price, and based on the $201.50 market price as I write this, we get a 2.28% dividend yield. However, it's important to note that since stock prices fluctuate, the yield is likely to be a bit different by the time you're reading this.
For further details see:
What Is the Dividend Payout for JPMorgan Chase?