Lates News

After passing the annual stress test by the Federal Reserve, major U.S. banks have increased their dividend payouts. In recent years, as regulatory agencies have gradually adjusted requirements, the threshold for this test has been relaxed. JPMorgan Chase (JPM.N), as the largest bank in the United States, has raised its quarterly dividend from $1.50 per share to $1.65. Additionally, JPMorgan Chase has also approved a new $500 billion stock buyback plan that will take effect on July 1st. Wells Fargo (WFC.N) has increased its dividend from $0.45 per share to $0.50, while Morgan Stanley (MS.N) has raised its dividend from $1 per share to $1.15. Goldman Sachs (GS.N) has raised its dividend from $4.50 per share to $5.