On 7/31/17, JPMorgan Chase & Co's 5.45% Non-Cumulative Preferred Stock, Series P (Symbol: JPM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3406, payable on 9/1/17. As a percentage of JPM.PRA's recent share price of $25.84, this dividend works out to approximately 1.32%, so look for shares of JPM.PRA to trade 1.32% lower - all else being equal - when JPM.PRA shares open for trading on 7/31/17. On an annualized basis, the current yield is approximately 5.26%, which compares to an average yield of 5.47% in the "Financial" preferred stock category, according to Preferred Stock Channel . The chart below shows the one year performance of JPM.PRA shares, versus JPM:
Below is a dividend history chart for JPM.PRA, showing historical dividends prior to the most recent $0.3406 on JPMorgan Chase & Co's 5.45% Non-Cumulative Preferred Stock, Series P:
According to the ETF Finder at ETF Channel, JPMorgan Chase & Co (Symbol: JPM) makes up 11.75% of the iShares U.S. Financial Services ETF ( IYG ) which is trading relatively unchanged on the day Thursday.
In Thursday trading, JPMorgan Chase & Co's 5.45% Non-Cumulative Preferred Stock, Series P (Symbol: JPM.PRA) is currently down about 0.2% on the day, while the common shares (Symbol: JPM) are trading flat.
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