JPMorgan, Goldman Sachs Raise Dividends to $1.65, $5 Per Share After Passing Fed Stress Test

According to Bloomberg, major U.S. banks including JPMorgan passed the Federal Reserve's 2026 annual stress test on June 25 and announced dividend increases and buyback programs. JPMorgan, the nation's largest lender, raised its quarterly dividend from $1.50 to $1.65 per share and authorized a new $50 billion share buyback plan effective July 1. Goldman Sachs increased its dividend from $4.50 to $5 per share. Citigroup raised its quarterly dividend from $0.60 to $0.67 per share, Wells Fargo from $0.45 to $0.50, and Morgan Stanley from $1.00 to $1.15 per share.
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