JP Morgan Chase & Co Depositary Shares 6.1% Non Cumulative Preferred Stock Series AA

By: ,

Date Issued   5/28/2015

Shares Issued  52,000,000  Overallotment Shares  7,800,000

S&P Rating   BBB-   Moodys Rating   Baa3


Low Investment Grade at Issue

Security Ticker Symbol   JPM-G    OTC Temp Ticker  JPRGP

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 09/01/2015

Quarterly Dividend   .381  Annual Dividend  1.525

Securities may be redeemed, at the issuers option, as early as 09/01/2020 for a redemption price of $25/share plus accrued dividends


Dividend Payment Will Likely be a Qualified Distributions

Maturity Date   None  Perpetual



Company Investor Relations Page for JP Morgan Chase

Below you can find the offering Prospectus and Final Pricing Document


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Tim McPartland
Tim McPartland is a private investor with over 45 years of investing experience. His analysis, research and writing is devoted to the hunt for income producing securities of all types, but in particular specializing in preferred stocks, exchange traded debt and Master Limited Partnerships.
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