These 2 Financial Stocks Just Raised Their Dividends
Within a space of two weeks, a pair of the most powerful American financial companies upped their shareholder payouts. These weren't token raises, either, with the more-modest raiser of the two hiking its dividend by almost 10%.
There's nothing like getting passively richer from one of our investments. Here's a closer look at the latest dividend raises from finance sector powerhouses JPMorgan Chase (NYSE: JPM) and American Express (NYSE: AXP).
JPMorgan Chase, one of the so-called big four U.S. banks, is a bedrock of the U.S. economy. It's a bedrock for some income investors, too, with a habit of dividend raises stretching back nearly 15 years and an above-average yield on its payout.
Source Fool.com
JPMorgan Chase & Co. Stock
€194.82
-0.290%
With 34 Buy predictions and not a single Sell prediction JPMorgan Chase & Co. is an absolute favorite of our community.
As a result the target price of 202 € shows a slightly positive potential of 3.69% compared to the current price of 194.82 € for JPMorgan Chase & Co..
