Jamie Dimon, Executive Director JPMorgan Chase & Co. said that the bank he manages may increase the amount of dividends paid. Significant improvement in financial markets and economic conditions can help this.
The expected law on the reform of the country's financial regulators can also play an important role in increasing dividends. To date, the dividend payout is 20 cents per share. But according to Dimon, this figure could rise to 75 cents, or even $ 1.
However, before the crisis JPMorgan Chase paid dividends of $1.5 per share. At the most difficult time, this amount had to be significantly reduced in order to save capital.
Share price JPMorgan Chase increased by 1.1% to $45.20 per share.