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JPMorgan Chase Declares Preferred Stock Dividends
New York– August 14, 2020
JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared a dividend on the following series of the Firm’s outstanding preferred stock, 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||$92.41||$9.241|
|6.1% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series X||$305.00||$30.50|
|4.0% Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series II||$241.11||$24.111|
The dividend payment date is October 1, 2020, to stockholders of record at the close of business on September 1, 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 $3.2 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