Feb 23, 2009 #1 FIRE'd@51 Thinks s/he gets paid by the post Joined Aug 28, 2006 Messages 2,433 This is something I sure didn't expect. JPM has reduced it's quarterly dividend to 0.05 from 0.38.
Feb 23, 2009 #2 ziggy29 Moderator Emeritus Joined Oct 12, 2005 Messages 16,483 Location North Oregon Coast I don't know that there's a major financial alive that I wouldn't expect to slash their dividends this year.
I don't know that there's a major financial alive that I wouldn't expect to slash their dividends this year.
Feb 23, 2009 #3 U unclemick Give me a museum and I'll fill it. (Picasso) Give me a forum ... Joined Jul 27, 2003 Messages 7,968 Location Kansas City Ouchee! That was about the last of my Norwegian widow financials still paying the big dividend. heh heh heh - Oh rats! - I hope my wheat bread stock Flowers holds up . BAC, C, STI, UBS-Ag, and now JPM - all in the poop - good thing I bought some other sectors.
Ouchee! That was about the last of my Norwegian widow financials still paying the big dividend. heh heh heh - Oh rats! - I hope my wheat bread stock Flowers holds up . BAC, C, STI, UBS-Ag, and now JPM - all in the poop - good thing I bought some other sectors.
Feb 23, 2009 #4 G Grep Recycles dryer sheets Joined Sep 4, 2006 Messages 312 One thing I noticed about this announcement was that they stated it would "retain 5 Billion additional dollars per year." Just how many years are we talking about?
One thing I noticed about this announcement was that they stated it would "retain 5 Billion additional dollars per year." Just how many years are we talking about?
Feb 24, 2009 #5 OAG Thinks s/he gets paid by the post Joined Jun 21, 2006 Messages 2,635 Location Central, Ohio, USA Well they owe $25B to the "taxpayers"; so that may mean 5 years.