JPMorgan Chase declares quarterly dividend

AP News
Posted: Dec 08, 2009 6:01 PM

JPMorgan Chase & Co. on Tuesday declared a quarterly dividend of 5 cents per share on its common stock.

The dividend, the same amount the company has paid the last three quarters, is payable on Jan. 31, to stockholders of record on Jan. 6.

Dividends last year totaled 38 cents per share. They were reduced after the January dividend to 5 cents.

The New York-based bank also declared a dividend on preferred stock shares including:

_Series E, $3.075 per share

_Series F, $2.86 per share

_Series G, $2.745 per share.

The preferred stock dividends are payable on Jan. 15 to stockholders on Dec 31.

Shares of JPMorgan Chase fell 4 cents to close at $41.21.