Corporate ActionJun 24, 2026, 04:13 PM
JPMorgan Plans Dividend Increase to $1.65; Authorizes $50B Buyback
AI Summary
JPMorgan Chase & Co. announced plans to increase its quarterly common stock dividend to $1.65 per share for the third quarter of 2026, up from the current $1.50. The Board of Directors also authorized a new $50 billion common share repurchase program, effective July 1, 2026. The firm's Stress Capital Buffer (SCB) requirement remains at 2.5% through September 30, 2027, maintaining a Standardized Common Equity Tier 1 (CET1) capital ratio requirement of 11.5%. CEO Jamie Dimon highlighted the firm's strong balance sheet and capital deployment strategy to enhance shareholder value.
Key Highlights
- Quarterly common stock dividend to increase to $1.65 per share (from $1.50).
- New common share repurchase program authorized for $50 billion.
- Repurchase program effective starting July 1, 2026.
- Stress Capital Buffer (SCB) requirement remains 2.5% through Sep 30, 2027.
- Standardized Common Equity Tier 1 (CET1) capital ratio requirement remains 11.5%.
Price Impact
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