JPMorgan Chase & Co. (NYSE: JPM) Issues $0.05 Per Share Dividend

JPMorgan Chase & Co. (NYSE: JPM)’s board of directors issued a quarterly dividend of $0.05 per share on the company’s common stock. The dividend will be payable on October 31st, 2010 to shareholders of record at the close of business on October 6th, 2010.

Investors with questions can call JPMorgan spokesperson Lauren Tyler at 212-270-8205. Media questions can be directed to Joseph Evangelisti at 212-270-7438.

JPMorgan Chase & Co. (JPMorgan Chase) is a financial holding company. JPMorgan Chase’s principal bank subsidiaries are JPMorgan Chase Bank, National Association (JPMorgan Chase Bank, N.A.), a national banking association with United States branches in 23 states, and Chase Bank USA, National Association (Chase Bank USA, N.A.), a national banking association that is the Firm’s credit card-issuing bank. JPMorgan Chase’s principal nonbank subsidiary is J.P. Morgan Securities Inc. (JPMorgan Securities), its United States investment banking firm. Its activities are organized into six business segments: Investment Bank, Retail Financial Services (RFS), Card Services (CS), Commercial Banking (CB), Treasury & Securities Services (TSS) and Asset Management (AM). Its wholesale businesses comprise the Investment Bank, Commercial Banking, Treasury & Securities Services and Asset Management segments. Its consumer businesses comprise the Retail Financial Services and Card Services segments.

Shares of JPMorgan Chase & Co. (NYSE: JPM) traded down 1.46% during mid-day trading on Tuesday.