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JPMorgan Chase Boosts Dividend Amid Bullish Outlook

Guavy AI Editorial Team
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JPM
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JPMorgan Chase raised its quarterly dividend to USD 1.65 from USD 1.50, representing a 10% increase.

The new payment is set for October 31, 2026, with shareholders of record at the close of business on October 6, 2026, eligible for the increased amount.

The move comes as JPMorgan Chase reported USD 21.20 billion in net income and USD 7.70 in diluted earnings per share for the second quarter of 2026.

Analysts remain optimistic about the bank's prospects, with 16 out of 28 rating its stock a Buy, according to MarketBeat. The average one-year target is set at USD 363.29, representing a 9.65% increase over the current price.

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