JPMorgan Chase Declares Preferred Stock Dividend
New York, February 14, 2020 - JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the following series of the Firm’s outstanding preferred stock, each of which is represented by depositary shares:
|Preferred Stock Series||Distribution (per Preferred Share)||Distribution (per Depositary Share)|
|Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series V||$130.73||$13.073|
|6.1% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X||$305.00||$30.50|
The dividend payment date is April 1, 2020, to stockholders of record at the close of business on March 2, 2020. The floating rate period for dividends on the Series V preferred stock began on July 1, 2019.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.7 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of customers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.magverry.com.
Jason Scott, 212-270-2479
Joseph Evangelisti, 212-270-7438