JPMorgan boosts dividend by 10% after CCAR

• After passing the CCAR with its resubmitted capital plan (the first submission ended up too close to the 5% minimum capital threshold), JPMorgan (NYSE:JPM) announces its intention to boost the quarterly dividend to $0.44 per share from $0.40, effective Q2. The buyback will be for up to $6.4B of stock between through the end of 2016 Q2.
• Source: Press Release
• Shares -0.6% after hours
• Previously: More CCAR: Goldman, Morgan Stanley, and JPMorgan pass after resubmissions (March 11)