Cash Dividend On The Way From JPMorgan Chase & Co’s 6.70% Capital Securities, Series CC


On 1/28/22, JPMorgan Chase & Co’s 6.70% Capital Securities, Series CC (Symbol: JPM.PRC) will trade ex-dividend, for its quarterly dividend of $0.375, payable on 3/1/22. As a percentage of JPM.PRC’s recent share price of $26.89, this dividend works out to approximately 1.39%, so look for shares of JPM.PRC to trade 1.39% lower — all else being equal — when JPM.PRC shares open for trading on 1/28/22. On an annualized basis, the current yield is approximately 5.59%, which compares to an average yield of 5.31% in the “Financial” preferred stock category, according to Preferred Stock Channel.
The chart below shows the one year performance of JPM.PRC shares, versus JPM:

Below is a dividend history chart for JPM.PRC, showing historical dividends prior to the most recent $0.375 on JPMorgan Chase & Co’s 6.70% Capital Securities, Series CC :

JPM.PRC+Dividend+History+Chart



In Wednesday trading, JPMorgan Chase & Co’s 6.70% Capital Securities, Series CC (Symbol: JPM.PRC) is currently up about 0.2% on the day, while the common shares (Symbol: JPM) are up about 1.9%.

Click here to learn which S.A.F.E. dividend stocks also have preferred shares that should be on your radar screen »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.



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