JPM vs. BAC: The Bank Built to Sustain Dividend Growth When Markets Turn
Source: 24/7 Wall St. ·
JPMorgan and Bank of America both just raised their dividends and both stocks just slid, but only one has the capital cushion and crisis track record to keep paying through a downturn. Three measures separate a reliable retirement income stream from a fragile one.
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JPMorgan and Bank of America both just raised their dividends and both stocks just slid, but only one has the capital cushion and crisis track record to keep paying through a downturn. Three measures separate a reliable retirement income stream… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Should an investor saving for retirement collect dividends from JPMorgan Chase ( NYSE:JPM | JPM Price Prediction ) or Bank of America ( NYSE:BAC )? Both banks just raised their payouts, and both stocks have slipped this month. JPMorgan is down 6.91% over the past month. Bank of America has fallen 11.65% after its chief executive told a Barclays conference that third quarter investment banking fees will likely fall by more than 10% from a year ago. Three measures decide which payout is more reliable. Dividend Record Under Stress: JPMorgan Wins JPMorgan’s quarterly dividend rises to $1.65 from $1.50,…