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JPMorgan ([JPM) announces a 20% increase in its dividend payout to $0.30/share and a new $15B...
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Tuesday, March 13, 2012, 3:16 PM ETJPMorgan ([JPM) announces a 20% increase in its dividend payout to $0.30/share and a new $15B share repurchase program that includes a total of $12B in buybacks that can be earmarked for 2012. Shares spiked off the news - up 4.8% for the day - sporting a new bumped-up yield of 2.80%.
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Stress test was designed for hurricane category 10. We never had hurricane beyond category 5. Only few hurricanes with cat 5.