Posted 4/11/2024, 2:33:50 PM
JPMorgan Earnings and Dividends in Focus Ahead of Q1 Results
- JPMorgan Chase & Co. reports Q1 2023 earnings on April 12; analysts expect EPS of $4.15, up from $4.10 year-ago, and revenue of $41.96B, up from $39.34B year-ago
- JPMorgan currently has a dividend yield of 2.35%, which is a quarterly dividend of $1.15 per share ($4.60 per year)
- To earn $500 per month from JPMorgan dividends, an investor would need about $255K invested, equal to 5,172 shares
- For a more conservative $100 monthly dividend goal, an investor would need $51K invested, equal to 261 shares
- JPMorgan stock price closed at $195.47 on Wednesday; stock price impacts dividend yield calculations