JPMorgan, Wells Fargo and Morgan Stanley to improve dividends right after clearing Fed stress exam

Essential Factors

U.S financial institutions including JPMorgan Chase, Wells Fargo and Morgan Stanley explained Friday they prepare to elevate their quarterly dividends after clearing the Federal Reserve’s yearly tension test.
JPMorgan options to increase its payout to $1.05 a share from $1 a share starting off in the 3rd quarter, the New York-based financial institution explained in a statement.
Goldman Sachs declared the premier for every share strengthen among the major banking companies, even though Citigroup announced the smallest.

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