Jpmorgan Chase's most recent quarterly dividend of $1 per share was on Apr 5, 2023 (ex-date). At an annualized rate of $4 per share, the stock yields 2.92%.
JPM has a dividend yield of 2.92% which is lower than the Financial Services sector, the industry and its peers average. If we compare it with the Financial Services sector average of 3.81%, Jpmorgan Chase's dividend yield is 23% lower. Historically JPM's dividend yield has averaged at 2.9% in the last 5 years, which is in line with the current one.
Jpmorgan Chase has a history of paying dividends since 1994. Our records of JPM show that the company has issued four quarterly dividends in the last twelve months. The annualized DPS marks an increase of 2.6% for the last year. However since the stock price has gone up by 4.3% from a year ago, the dividend yield has decreased by 1.7%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 5, 2023 | Apr 30, 2023 | Mar 21, 2023 | $1 | normal |
| Jan 5, 2023 | Jan 31, 2023 | Dec 13, 2022 | $1 | normal |
| Oct 5, 2022 | Oct 31, 2022 | Sep 20, 2022 | $1 | normal |
| Jul 5, 2022 | Jul 31, 2022 | $1 | normal | |
| Apr 5, 2022 | Apr 30, 2022 | Mar 15, 2022 | $1 | normal |
| Jan 5, 2022 | Jan 31, 2022 | Dec 14, 2021 | $1 | normal |
| Oct 5, 2021 | Oct 31, 2021 | Sep 21, 2021 | $1 | normal |
| Jul 2, 2021 | Jul 31, 2021 | May 17, 2021 | $0.9 | normal |
| Apr 5, 2021 | Apr 30, 2021 | Mar 16, 2021 | $0.9 | normal |
| Jan 5, 2021 | Jan 31, 2021 | Dec 8, 2020 | $0.9 | normal |
| Oct 5, 2020 | Oct 31, 2020 | Sep 15, 2020 | $0.9 | normal |
| Jul 2, 2020 | Jul 31, 2020 | May 18, 2020 | $0.9 | normal |
| Apr 3, 2020 | Apr 30, 2020 | Mar 17, 2020 | $0.9 | normal |
| Jan 3, 2020 | Jan 31, 2020 | Dec 10, 2019 | $0.9 | normal |
| Oct 3, 2019 | Oct 31, 2019 | Jun 27, 2019 | $0.9 | normal |
| Jul 3, 2019 | Jul 31, 2019 | May 21, 2019 | $0.8 | normal |
| Apr 4, 2019 | Apr 30, 2019 | Mar 19, 2019 | $0.8 | normal |
| Jan 3, 2019 | Jan 31, 2019 | Dec 11, 2018 | $0.8 | normal |
| Oct 4, 2018 | Oct 31, 2018 | Sep 18, 2018 | $0.8 | normal |
| Jul 5, 2018 | Jul 31, 2018 | May 15, 2018 | $0.56 | normal |
| Apr 5, 2018 | Apr 30, 2018 | Mar 20, 2018 | $0.56 | normal |
| Jan 4, 2018 | Jan 31, 2018 | Dec 12, 2017 | $0.56 | normal |
| Oct 5, 2017 | Oct 31, 2017 | Sep 19, 2017 | $0.56 | normal |
| Jul 3, 2017 | Jul 31, 2017 | May 16, 2017 | $0.5 | normal |
| Apr 4, 2017 | Apr 30, 2017 | Mar 21, 2017 | $0.5 | normal |
| Jan 4, 2017 | Jan 31, 2017 | Dec 13, 2016 | $0.48 | normal |
| Oct 4, 2016 | Oct 31, 2016 | Sep 20, 2016 | $0.48 | normal |
| Jul 1, 2016 | Jul 31, 2016 | May 17, 2016 | $0.48 | normal |
| Apr 4, 2016 | Apr 30, 2016 | Mar 15, 2016 | $0.44 | normal |
| Jan 4, 2016 | Jan 31, 2016 | Dec 8, 2015 | $0.44 | normal |
| Oct 2, 2015 | Oct 31, 2015 | Sep 15, 2015 | $0.44 | normal |
| Jul 1, 2015 | Jul 31, 2015 | May 19, 2015 | $0.44 | normal |
JPM has a payout ratio of 29.5% which is higher than the industry average but lower than the Financial Services sector and its peers average. If we compare it with the Financial Services sector average of 32.1%, Jpmorgan Chase's payout ratio is 8% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| KEY Keycorp | 8.19% | $0.81 | 45.5% |
| USB Us Bancorp | 6.19% | $1.9 | 50.7% |
| PNC Pnc Financial Services Group Inc | 5.05% | $6 | 41% |
| C Citigroup Inc | 4.57% | $2.04 | 28.3% |
| BAC Bank Of America Corp | 3.07% | $0.87 | 26% |
| JPM Jpmorgan Chase & Co | 2.92% | $4 | 29.5% |
| WFC Wells Fargo & Company | 2.91% | $1.2 | 34% |
Yes, Jpmorgan Chase has paid four dividends in the last 12 months. JPM has been paying dividends since 1994.
JPM's next dividend is scheduled on Jul 5, 2023 (ex-date).
Jpmorgan Chase's last dividend ex-date was on Apr 5, 2023. The dividend amount was $1 per share.
JPM has paid dividend of $4 per share in the last year.
The current dividend yield of Jpmorgan Chase is 2.92%.
Jpmorgan Chase pays dividends quarterly.
The dividend payout ratio of Jpmorgan Chase is 29.5%.
Jpmorgan Chase's dividend yield is less than the Financial Services sector average.