On 8/2/24, JPMorgan Chase & Co’s 6.00% Dep Shares Non-Cumul Preferred Stock Series EE (Symbol: JPM.PRC) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 9/3/24. As a percentage of JPM.PRC’s recent share price of $25.37, this dividend works out to approximately 1.48%, so look for shares of JPM.PRC to trade 1.48% lower — all else being equal — when JPM.PRC shares open for trading on 8/2/24. On an annualized basis, the current yield is approximately 5.92%, which compares to an average yield of 6.60% in the “Financial” preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of JPM.PRC shares, versus JPM:
Below is a dividend history chart for JPM.PRC, showing historical dividends prior to the most recent $0.375 on JPMorgan Chase & Co’s 6.00% Dep Shares Non-Cumul Preferred Stock Series EE:
Free Report: Top 8%+ Dividends (paid monthly)
In Wednesday trading, JPMorgan Chase & Co’s 6.00% Dep Shares Non-Cumul Preferred Stock Series EE (Symbol: JPM.PRC) is currently up about 0.1% on the day, while the common shares (Symbol: JPM) are trading flat.
Also see:
• Stocks with Recent Secondaries That Hedge Funds Are Buying
• Institutional Holders of HUD
• USO Average Annual Return
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
