Investing
Add as a preferred source on GoogleThe quarterly dividend is $0.284375 per depositary share. Holders must be recorded by close of business Nov. 2.
JPMorgan Chase & Co. declared a quarterly dividend for its Series JJ preferred shares. The company will distribute it Dec. 1 to eligible holders.
The dividend covers the company's 4.55% Non-Cumulative Preferred Stock, Series JJ. The declared amount is $0.284375 for each depositary share, or $113.75 for each underlying preferred share.
Stockholders listed on the company's records at close of business Nov. 2 qualify for the distribution. JPMorgan announced the dividend Oct. 15.
The Dec. 1 payment is $0.296875 per depositary share. The preferred stock carries a 4.75% rate.
Nov. 2 is the record and ex-dividend date for the preferred security, which trades as JPM.PR.D.
The filings name directors, an officer and a 10% owner among the buyers. Their transaction coding does not identify whether any purchase was private or made through public trading.
