JPMorgan declares quarterly dividend of 30 cents

JPMorgan paying 30 cent dividend; company had said payouts will continue despite trading loss

Associated Press

NEW YORK (AP) -- JPMorgan Chase & Co. on Tuesday declared a quarterly dividend of 30 cents.

The bank said the dividend is payable Oct. 31 to shareholders of record Oct. 5.

JPMorgan Chase suspended its stock repurchase program in May after reporting a $2 billion trading loss, but said it would continue paying its quarterly dividends.

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