DIVIDEND CHANGE
JPJPMKEEP AN EYE
JPMorgan Lifts Its Dividend By 10 Percent
JPMorgan is raising its quarterly dividend to $1.65 a share, up from $1.50 — a 10 percent bump. That's a confident signal about its cash, but the stock barely moved and slipped a touch on the day. We see this as steady, not a reason to chase.
What would change this — A fresh quarterly filing showing weaker earnings, or a shift toward insider selling, would push us to rethink our hold.
Wall Street leans mostly positive with several buy-type ratings, while Orin is holding and waiting for more.Full analysis →