Jun. 24 at 9:50 PM
$JPM $GS $MS $WFC
JPMorgan Chase unveiled a new
$50 billion share repurchase program and raised its quarterly dividend after passing the Federal Reserve’s annual stress test.
JPMorgan said it will increase its quarterly dividend 10% to
$1.65 per share, subject to board approval, and authorized the buyback program effective July 1.
Goldman Sachs likewise increased its quarterly payouts, saying that its dividend will rise 11% to
$5 per share, citing the firm’s strong earnings and capital position.
Wells Fargo said it expects to raise its dividend by 11% to 50 cents per share, while Morgan Stanley boosted its payout 15% to
$1.15 per share, while also reauthorizing a
$20 billion buyback program. https://www.cnbc.com/2026/06/24/jpmorgan-goldman-sachs-fed-stress-test.html?__source=iosappshare%7Ccom.stocktwits.StockTwits.STShareExtension
