JPM

Ex-Dividend Reminder: JPMorgan Chase, American Express and Morningstar

Looking at the universe of stocks we cover at Dividend Channel, on 4/4/24, JPMorgan Chase & Co (Symbol: JPM), American Express Co. (Symbol: AXP), and Morningstar Inc (Symbol: MORN) will all trade ex-dividend for their respective upcoming dividends. JPMorgan Chase & Co will pay its quarterly dividend of $1.15 on 4/30/24, American Express Co. will pay its quarterly dividend of $0.70 on 5/10/24, and Morningstar Inc will pay its quarterly dividend of $0.405 on 4/30/24. As a percentage of JPM's recent stock price of $198.94, this dividend works out to approximately 0.58%, so look for shares of JPMorgan Chase & Co to trade 0.58% lower — all else being equal — when JPM shares open for trading on 4/4/24. Similarly, investors should look for AXP to open 0.31% lower in price and for MORN to open 0.13% lower, all else being equal.

Below are dividend history charts for JPM, AXP, and MORN, showing historical dividends prior to the most recent ones declared.

JPMorgan Chase & Co (Symbol: JPM):

JPM+Dividend+History+Chart

American Express Co. (Symbol: AXP):

AXP+Dividend+History+Chart

Morningstar Inc (Symbol: MORN):

MORN+Dividend+History+Chart

In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 2.31% for JPMorgan Chase & Co, 1.23% for American Express Co., and 0.53% for Morningstar Inc.


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In Tuesday trading, JPMorgan Chase & Co shares are currently down about 0.7%, American Express Co. shares are trading flat, and Morningstar Inc shares are off about 0.7% on the day.

Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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