What is the size of the new buyback program?

The Board authorized a $50 billion share repurchase program.

Who are the new Co-Presidents?

Doug Petno and Troy Rohrbaugh were appointed as Co-Presidents.

Did CEO Jamie Dimon change?

No, Jamie Dimon remains Chairman and CEO.

JPMorgan Boosts Dividend, Approves $50B Buyback, Names Co-Presidents

JPMorgan Chase (JPM) announced a dividend increase to $1.65 per share, a new $50 billion buyback program, and leadership changes including Doug Petno and Troy Rohrbaugh as Co-Presidents. The moves follow better-than-expected earnings.

July 4, 2026

2 min read

Source: Simply Wall St.

Key Numbers

new dividend

1.65 per share

previous dividend

1.50 per share

buyback size

50 billion USD

In late June 2026, JPMorgan Chase & Co. (JPM) announced a planned increase in its quarterly common dividend to $1.65 per share from $1.50, alongside Board authorization for a new $50.00 billion share repurchase program and several senior leadership changes, including appointing Doug Petno and Troy Rohrbaugh as Co-Presidents.

Dividend and Buyback Details

Dividend: Quarterly dividend raised by 10% from $1.50 to $1.65 per share.
Buyback: New $50 billion share repurchase program, replacing the previous authorization.

Leadership Changes

Co-Presidents: Doug Petno and Troy Rohrbaugh appointed to oversee day-to-day operations.
CEO: Jamie Dimon remains Chairman and CEO.

Context

The capital return moves come after recent earnings that exceeded revenue and EPS expectations, with ongoing analyst estimate upgrades. These actions reflect management's confidence in capital strength and future profitability.

What This Means for Investors

The dividend increase and buyback signal a commitment to returning capital to shareholders, while leadership changes may indicate succession planning. Investors should monitor performance amid changing interest rate environments.

Frequently Asked Questions

The bank raised its quarterly dividend from $1.50 to $1.65 per share, a 10% increase.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.