A number of Wall Street banks will raise their dividends
2025-07-01 20:58:44
A number of Wall Street banks are set to raise their dividends after passing the Federal Reserve's annual stress tests. JPMorgan Chase plans to raise its quarterly dividend from $1.40 to $1.50 a share. JPMorgan approves a new $50 billion common share buyback program. Morgan Stanley plans to raise its quarterly dividend from 92.5 cents to $1 a share. Wells Fargo plans to raise its dividend by 12.5% to 45 cents a share.
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JPMorgan approves $50 billion share buyback plan
