Published 11:05 IST, June 29th 2024
Top US banks hike dividends after clearing Fed's stress test
JPMorgan Chase, the largest US lender, raised its dividend to $1.25 per share from $1.15 and authorised $30 billion in new share buybacks, effective July 1.
Bank of America will boost its dividend to 26 cents per share from 24 cents | Image:
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11:05 IST, June 29th 2024