Dividends increases are not really thick and fast these days. This is what is happening in the periods between the seasons of profits, when most companies focus on performance rather than payments.
But in a equity market as wide and deep as the United States, there is always one or two aberrant values. Here is an overview of two first -rate companies that recently increased their dividends – JPMorgan Chase (NYSE: JPM) And American Express (NYSE: AXP).
Almost everything JPMorgan Chase does is on a large scale. It is by far the biggest we bank by several financial and stock market measures. These include income, market capitalization and – important for our ends – Total payment of dividends.
True to his impressive scale, the lender recently declared an increase in the two -digit dividend, in particular 12% for a new quarterly disbursement of $ 1.40 per share.
With vast operations covering major segments in the fields of banking and financial services, JPMorgan Chase is both beneficiary and facilitator of the long -term growth of the American economy.
Its growth rates, substantial for such a large and sprawling company, reflect this. Net income in 2024 climbed 12% compared to the previous year to 177.6 billion dollars. Net income has inflated by 18%to reach a new record of all time of almost 58.5 billion dollars.
This was fueled by the growth of the two measures in the bank’s three commercial units; A special star was its business and banking division of investment. The Frothy financial markets stimulated substantial improvements during the year, including a 23% jump in the unit’s net income to almost $ 25 billion.
The economy could take a few blows in the coming months depending on how the Trump administration’s planned prices take place. If they cause prolonged trade war, many types of businesses in this country will suffer, including banks that give the money economy. However, if a lender can hang and resist a potential storm, it’s JPMorgan Chase.
The new dividend from the bank must be distributed on April 30 to investors recorded from April 4. At its last fence price, the dividend yield results from 2.3%.
The increase in the 12% dividend of JPMorgan Chase is pleasant, but the increase in 17% Amex is even better. The Robust Credit Card Society has entered as a lion with this declaration; The generous increase makes the new quarterly payment of $ 0.82 per share.
Like the Big Bank, Amex had a prosperous 2024, with peaks of all time for net income and net income. The first was 9% higher than the figure of 2023 with just under 66 billion dollars. The essential has zoomed 21%, on the other hand, to more than $ 10.1 billion.
