JPMorgan Chase, Wells Fargo and Goldman Sachs each raised their quarterly dividends by double digits this year, while paying out no more than 29.6% of third-quarter EPS. JPMorgan lifted its dividend from $1.50 to $1.65 per share, a yield of about 1.97% at $338.87, backed by $15.3 billion in quarterly net income, a 13.9% standardized CET1 ratio and roughly $30 billion of excess capital; it also cut buybacks to fund lending. The article warns that current earnings are helped by unusually good conditions, so the payout ratio would rise if returns fall back to normal levels. Wells Fargo raised its dividend from 45 to 50 cents, a yield of about 2.47% at $82.33, equal to 26.7% of $1.87 third-quarter EPS, with net loan charge-offs at 38 basis points. It had cut its dividend to 10 cents in 2020 and has since rebuilt it almost to pre-cut levels.
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banksdividendsJPMorganWells FargoGoldman Sachs
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JPM
• NeutralJPMorgan Chase
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Financials |
| Industry | Diversified Banks |
| Market cap | $891.9B |
| Close on 10/20/2026 | 335.39 |
| Change that session | +0.56% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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