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JPMorgan Chase Declares Preferred Stock Dividends
New York– December 14, 2018
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) 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)|
|7.90% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series I||$153.09||$15.309|
|6.00% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series R||$300.00||$30.00|
|6.75% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series S||$337.50||$33.75|
The dividend payment date for the Series I is January 30, 2019, to stockholders of record at the close of business on December 31, 2018. The floating rate period for the Series I preferred stock began on April 30, 2018. Dividends for Series I are now payable quarterly on a floating rate basis. The dividend payment date for the Series R & S is February 1, 2019, to stockholders of record at the close of business on January 2, 2019.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 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.jpmorganchase.com.
Jason Scott, 212-270-2479
Joseph Evangelisti, 212-270-7438