Will JPMorgan Chase Raise Its Dividend in 2018?
2017 was another solid year for JPMorgan Chase (NYSE: JPM), with the banking giant seeing its stock price climb 14% over the past 12 months. Fundamentally, JPMorgan's prospects have looked strong, and the bank has led the nation in total U.S. deposits while delivering growth in its core operations despite strong competition.
Dividend investors have also shared in the success that JPMorgan has enjoyed since the financial crisis. Shareholders got not one but two dividend increases in 2017, and they're hopeful that the bank will continue to grow its payouts in the years to come. With that goal in mind, let's take a closer look to see whether JPMorgan Chase investors should expect a higher dividend in 2018.
Current Quarterly Dividend Per Share
Source: Fool.com
JPMorgan Chase & Co. Stock
The stock is an absolute favorite of our community with 34 Buy predictions and no Sell predictions.
On the other hand, the target price of 203 € is below the current price of 203.4 € for JPMorgan Chase & Co., so the potential is actually -0.2%.
