Published • loading... • Updated
JPMorgan Chase Just Authorized a $50 Billion Buyback and Raised Its Dividend. Is the Stock a Buy Near Record Highs?
Summary by The Motley Fool
2 Articles
2 Articles
JPMorgan Chase Signals Confidence With $50 Billion Buyback as Valuations Test Investor Patience
JPMorgan Chase has once more reminded markets of its financial heft. Days after clearing the Federal Reserve’s latest stress test the bank authorized a fresh $50 billion common share repurchase program effective July 1. It also lifted its quarterly dividend 10 percent to $1.65 a share. The moves came as the largest U.S. lender by assets posted solid first-quarter results and prepared for its second-quarter earnings release later this month. Jami…
Coverage Details
Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
Factuality
To view factuality data please Upgrade to Premium
