JPMorgan Chase Raises Quarterly Dividend by 10%

JPMorgan Chase & Co., a global financial services company, has increased its quarterly dividend to $1.65 per share. This represents a 10% increase from the previous quarterly dividend of $1.50.

The new dividend will be paid on October 31st to shareholders who are recorded as such by October 6th. The ex-dividend date is also October 6th.

This marks JPMorgan Chase & Co.'s 15th year of consecutive annual dividend increases, with an average growth rate of 0.1% per annum over the past three years.