JPMorgan Chase & Co. (NYSE:JPM) declared a dividend, after the amazing performance showcased by the shares at the market. The quarterly dividend will be released to the holders on 1st of December 2015, and the recipients will be based on the record maintained at the close of business on 2nd November 2015. The return on investment for the company has been recorded at 6.6%. The monthly performance for JPMorgan and the year to date performance for the company have been respectively recorded at 0.37% and 2.46%.
The company’s performance at the markets remained strong. On Friday the firm traded at a reasonably good value. The firm traded 7217 shares at an average price of $60.62, and the total worth was around $437495. The company’s insiders own about 0.84% of the shares. The total percentage change in ownership is recorded -3.13%.
JPMorgan Chase & Co. provides various financial services worldwide. The company operates through four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset Administration. The Consumer & Community Banking segment offers deposit and investment products and services to consumers; lending, deposit, and cash administration and payment solutions to small businesses; and residential mortgages and home equity loans, in addition to provides credit cards, payment services, payment processing services, and auto and student loans.
Wells Fargo & Company (NYSE:WFC), is also performing well at the stock markets. The company’s stocks rose by 1.42% in the past week, and the rise has been recorded at 3.61% for the past four weeks. The shares have outperformed at S&P 500 index for the past week as well as past month. The shares have shown a potential growth of 0.51% in the past week, and the record of growth for the past four weeks is recorded at 0.22%.
The one year high for the shares of WFC have increased by 7.52%. The shares registered the one year high on 23rd July at $58.77. The one year low was recorded on 24th August. The 50 day moving average and 200 day moving average for the company has been recorded at $52 and $55.08 respectively. The year to date stock performance is recorded at -1.61%. The stocks gained heavily at the stock markets on Friday. The stocks improved by 0.36% or 0.19 points. The stocks opened at $53.15, and hit a peak at $53.19 before closing at $52.5. Both the companies are strong contenders at the stock market.
Wells Fargo & Company provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. Its Community Banking segment offers checking, savings, market rate, individual retirement, and health savings accounts, in addition to time deposits and remittances; and lines of credit, auto floor plan lines, equity lines and loans, equipment and transportation loans, education and residential mortgage loans, and debit and credit cards.
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