From Yahoo Finance: 2025-04-01 05:30:00

JPMorgan Chase and American Express recently increased their dividends, with JPMorgan Chase declaring a 12% increase to $1.40 per share. The bank’s solid performance in 2024 saw a 12% rise in revenue to $177.6 billion and an 18% increase in net income to nearly $58.5 billion.

American Express also raised its dividend by 17% to $0.82 per share, reflecting a successful 2024 with record high net revenue and net income. The company added 13 million new card members and is projecting revenue growth of 8-10% in 2025.

JPMorgan Chase’s new dividend will be distributed on April 30, yielding 2.3%, while American Express will distribute its increased dividend on May 9, yielding 1.2%. Both companies are optimistic about their future growth and performance in the coming years.

Read more: Are You Missing Out on These 2 Recent Double-Digit Dividend Increases?