JPMorgan Raises Dividend 10% to $1.65, Authorizes $50 Billion Buyback
Updated
Updated · The Globe and Mail · Jul 30
JPMorgan Raises Dividend 10% to $1.65, Authorizes $50 Billion Buyback
3 articles · Updated · The Globe and Mail · Jul 30
Summary
JPMorgan will lift its quarterly dividend to $1.65 a share starting in the third quarter of 2026 and approved a new $50 billion stock repurchase program.
A 14.1% common equity tier 1 ratio as of June 30—well above the 11.5% requirement—and the Fed’s decision to keep its stress capital buffer at the 2.5% minimum through September 2027 underpinned the move.
Record second-quarter net income of $21.2 billion and a 29% return on tangible common equity gave the bank room to boost payouts, helped by strong markets, investment-banking, asset-management and lending revenue.
JPMorgan already returned $10.2 billion through dividends and net buybacks in the quarter, though it said repurchases will remain discretionary amid rising risk-weighted assets, investment needs and economic uncertainty.