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JPMorgan ([JPM) announces a 20% increase in its dividend payout to $0.30/share and a new $15B...

JPMorgan ([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%.
Comments (2)
  • What a courage! Before stress test result.

     

    Stress test was designed for hurricane category 10. We never had hurricane beyond category 5. Only few hurricanes with cat 5.
    13 Mar 2012, 03:21 PM Reply Like
  • I saw somewhere that someone bought 10,000 JPM calls yesterday. I am sure that was totally coincidental.
    13 Mar 2012, 04:18 PM Reply Like
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