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Are You Missing Out on These 2 Recent Double-Digit Dividend Increases?
AXPAmerican Express(AXP) The Motley Fool·2025-04-01 09:30

Group 1: JPMorgan Chase - JPMorgan Chase recently announced a 12% increase in its quarterly dividend, raising it to 1.40pershare[2][6]Thebankreportedanetrevenueof1.40 per share [2][6] - The bank reported a net revenue of 177.6 billion for 2024, reflecting a 12% increase from the previous year, and a record net income of almost 58.5billion,up1858.5 billion, up 18% [3] - The commercial and investment banking division saw a significant 23% increase in net income, reaching nearly 25 billion, driven by strong financial market conditions [4] Group 2: American Express - American Express declared a 17% increase in its quarterly dividend, bringing it to 0.82pershare[7][11]Thecompanyachievedanetrevenueofjustunder0.82 per share [7][11] - The company achieved a net revenue of just under 66 billion for 2024, a 9% increase from 2023, and a net income exceeding $10.1 billion, up 21% [7][8] - American Express added 13 million new cards during the year, setting a company record, and is projecting revenue growth of 8% to 10% for 2025 [9][10]