JPMorgan announces $50 billion buyback, 10% dividend hike after Fed stress test – What it means – Markets
JPMorgan Buyback: JPMorgan Chase on June 24 announced that its board of directors intends to increase the quarterly common stock dividend to $1.65 per share (up from the current $1.50 per share) for the third quarter of 2026. The move follows the Federal Reserve’s annual stress test, which found all major U.S. banks remained well-capitalised…
