Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
JPMorgan Chase Declares Common Stock Dividend and Reports on Preliminary Vote Results at Annual Meeting of Shareholders
 

NEW YORK – May 21, 2013 -(BUSINESS WIRE/ME NewsWire)-- The Board of Directors of JPMorgan Chase & Co. (NYSE:JPM) today declared a quarterly dividend of 38 cents per share on the outstanding shares of the corporation's common stock, an increase from the prior quarterly dividend of 30 cents per share. The dividend is payable on July 31, 2013, to stockholders of record at the close of business on July 5, 2013.

At the annual meeting of shareholders held today, the Company announced preliminary results of the shareholder vote on five management proposals and four shareholder proposals. All of the management proposals were approved, including: the election of directors, ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm, approval of executive compensation, amendment to the Restated Certificate of Incorporation authorizing shareholder action by written consent, and reapproval of the Key Executive Performance Plan. None of the shareholder proposals were approved.

“We appreciate the support shown by shareholders and the thoughtful way many have engaged with us as they determined how to vote on these issues,” said Jamie Dimon, Chairman and CEO of JPMorgan Chase. “We take the feedback from shareholders very seriously and we will continue to build toward being best in class in corporate governance.”

Lee Raymond, Presiding Director of the Board said, “Our discussions with shareholders throughout this process have been constructive. The Board will continue to review its current structure and composition in light of today's feedback and with the best interest of shareholders in mind.”

The shareholder vote numbers and percentages announced at the meeting are considered preliminary until the final results are tabulated and certified by independent inspectors of election. The final results will be reported on a Form 8-K that will be filed with the Securities and Exchange Commission later this week.

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.4 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Source: ME NewsWire

The release can be viewed online: http://me-newswire.net/news/7507/en


Posted by : Dubai PR Network Editorial Team
Viewed 8082 times
PR Category : Banking & Investments
Posted on : Thursday, May 23, 2013  2:50:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Alison Kay appointed to lead Global Power & Utilities at Ern...
Next Story : BlackRock Appoints Andrew MacKenzie as Head of iShares Middl...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Move Aside C-beauty, K-beauty and J-beauty - There's a New Trend in Town and It Hails Fro... [6582-Views]
Inglot Cosmetics Partners With Cartoon Network for Limited Edition “The Powerpuff Girls” B... [6551-Views]
Autumn/Winter 19: Step out in the latest styles with City Centre Deira and City Centre Mir... [5539-Views]
Think LUNETTE for an earth-friendly period [5411-Views]
ACE launches its new and inspirational Outdoor collection [4380-Views]
Chain Reaction [4343-Views]
Dress for Diwali With the Rack by Kachins [4264-Views]
Restoration by Parmigiani Fleurier -The Yusupov Egg [4160-Views]
‘A Gift of Gold' offers at Malabar Gold & Diamonds [4056-Views]
New Strategic Partnership with Hewlett Packard Enterprise to help accelerate Abu Dhabi Dig... [3983-Views]
Handbags and Gladrags [3977-Views]
Sandro Launches Evening Capsule Collection [3947-Views]
Eighth World Championship title in all categories for Tissot Ambassador Marc Marquez [3904-Views]
Unifonic empowers business to capitalize on instant messaging apps to engage with customer... [3855-Views]
Celebrate guilt-free shopping to your fullest! [3825-Views]
VAIO returns to Middle Eastern in partnership with Nexstgo [3806-Views]
MBRU and King Saud University in Saudi Arabia join forces to enhance academic collaboratio... [3788-Views]
Peugeot Boxer 4x4 Concept Revealed [3660-Views]
Saudi Arabia's Ministry of Energy highlights enhanced cybersecurity credentials at GITEX T... [3623-Views]
His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum Challenges the City to Be ‘I... [3599-Views]
Hazzaa AlMansoori Undergoes Medical Experiments at Stars City as part of His Scientific Mi... [3575-Views]
During a press conference to announce the completion of preparations of Summit that will b... [3562-Views]
Victoria Beckham Eyewear Debuts New Collection for Fall 2019 [3544-Views]
Dubai Land Department welcomes Saudi Minister of Housing [3544-Views]
Team Abu Dhabi Stars Chase Double World Title Boost in China [3501-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories