JPMorgan Chase & Co. increased its quarterly dividend by 10%. The payout will rise from $1.50 to $1.65 per share.
The dividend is payable on October 31, 2026. Shareholders of record as of October 6, 2026, will receive the payment.
JPM shares rose in premarket trading Wednesday following the announcement. The bank cited a robust capital position and confidence in its future earnings for the increase.
This move follows strong second-quarter results. Co-president Doug Petno also provided an upbeat forecast for third-quarter investment banking and trading revenue.