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JPMorgan: raises dividend to 90 cents a share

(CercleFinance.com) - JPMorgan Chase & Co said it has raised its quarterly dividend on its common shares to 90 cents per share, from 80 cents previously.


The US bank will pay the new higher dividend at the end of October to shareholders on record at the close of business on 4 October, the group said late on Tuesday.

In July, JPMorgan Chase posted better-than-expected quarterly earnings as the bank benefited from "healthy" consumer spending.

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