JPMorgan Chase & Co. increased its quarterly common stock dividend by 10%.
The payout rose to $1.65 per share from the previous $1.50.
This move marks the 15th consecutive year the bank has raised its dividend. The increase follows robust second-quarter results and a strong capital position.
Shareholders of record as of October 6, 2026, will receive the payment. The bank will distribute the dividend on October 31, 2026.
JPMorgan shares rose 0.50% in Wednesday pre-market trading following the announcement.