Big banks profit margins have been under a lot of pressure with interest rates so low and pandemic woes. However JPMorgan Chase & Co. is slowly coming back from depressed levels last few months. I feel it's time to invest in the recovery trade while collecting a decent ~3.5% dividend at the same time.
Dividend Summary
DIVIDEND YIELD (FWD) | ANNUAL PAYOUT (FWD) | PAYOUT RATIO | 5 YEAR GROWTH RATE | DIVIDEND GROWTH |
|---|---|---|---|---|
| 3.58% | $3.60 | 63.54% | 16.17% | 10 Years |
Disclaimer: All information is provided as-is and is for informational purposes only.The stocks mentioned in this blog are not considered to be past, present or future recommendations to buy or sell them. Ideas presented are just my personal opinions and are NOT be considered as investment recommendations or advice. All investors should consult a qualified professional before trading any stock.
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