JPMorgan and Morgan Stanley boost buybacks and dividends
JPMorgan Chase and Morgan Stanley announced significant increases in dividend payouts and share repurchases. JPMorgan, the largest U.S. bank by assets, raised its quarterly dividend by 8.7% to $1.25 per share and authorized a new $30 billion share repurchase program. Morgan Stanley increased its dividend by 8.8% to 92.5 cents per share and approved a $20 billion repurchase plan. In contrast, Citigroup and Bank of … Continue reading JPMorgan and Morgan Stanley boost buybacks and dividends
