JP Morgan Chase & Co Depositary Shares 6.15% Non Cumulative Preferred Stock Series BB

By: ,

Date Issued   7/23/2015

Shares Issued  44,000,000  Overallotment Shares  6,600,000

S&P Rating   BBB-   Moodys Rating   Baa3

Advertisement.

Low Investment Grade at Issue

Security Ticker Symbol   JPM-H    OTC Temp Ticker  JMPRP

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 12/01/2015

Quarterly Dividend   .384  Annual Dividend  1.5375

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

Advertisement.

 

Company Investor Relations Page for JP Morgan Chase

Below you can find the offering Prospectus and Final Pricing Document

Advertisement.

Related Posts:

Tim McPartland

Connect with Tim McPartland

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.
X
Search Dividend Investor