JPMorgan Chase & Co Depositary Shares, 6.125% Non-Cumulative Preferred Stock Series Y

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Date Issued   2/5/2015

Shares Issued  48,000,000  Overallotment Shares  7,200,000

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S&P Rating   BBB-   Moodys Rating   Ba1

Low Investment Grade at Issue

Security Ticker Symbol   JPM (Likely JPM-F)

OTC Temporary Ticker  JPQMP

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CUSIP  48127R461  

Market Traded ON   NYSE

Dividend Payment Paid on the 1st of March, June, September and December beginning on 06/01/2015

Quarterly Dividend   .383  Annual Dividend  1.531 

Securities may be redeemed, at the issuers option, as early as 03/01/2020 for a redemption price of $25/share plus accrued dividends

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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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