Will JPMorgan Chase Raise Its Dividend This Year?
JPMorgan Chase (NYSE: JPM), the largest bank by assets in the U.S., currently has an annual dividend yield of roughly 2.9%.
While that's certainly respectable, JPMorgan hasn't raised its quarterly dividend since 2021, which might make investors that buy the stock at least partly for the dividend wonder when the next increase is coming. Will JPMorgan Chase boost its dividend this year? Let's take a look.
Banks have regulatory capital requirements and can use any excess capital to invest in growth, make acquisitions, pay dividends, and buy back stock. Each year, regulators determine bank capital requirements based on the size, complexity, and riskiness of a bank. The key regulatory capital ratio to watch is the Common Equity Tier 1 (CET1) Capital ratio, which looks at a bank's core Capital divided by its risk-weighted assets (RWAs) like loans.
Source Fool.com
JPMorgan Chase & Co. Stock
With 33 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 7.31% compared to the current price of 188.24 € for JPMorgan Chase & Co..
