Sunday, March 24, 2013

Dimon: $1 Dividend in 2010?

JP Morgan Chase (JPM) CEO Jamie Dimon remarked at today’s Goldman Sachs (GS) financial services conference that a raise in the annual dividend to 80 cents per share or $1 might be possible as soon as Q2 of 2010. The dividend, which was $1.52 in 2008, fell to 53 cents this year. Dimon remarked, “We want to be sure there’s real recovery before we do this, because we don’t want to go through this again.”

Previously: “Dimon: $1 Trillion Consumer Debt to Be Written Off,” December 8, 2009

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