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Compiling comments that experts make about stocks while on public TV.

2017-08-30

Opinion for JP Morgan Chase & Co (JPM-N)

Signal Price Bias Subject Owned
TOP PICK $91.310 BULLISH NORTH AMERICAN - LARGE & ETFs Yes

He is a big fan of management and the business. Their latest quarter was excellent, for one main reason; every sector of the business is firing on all cylinders. Also, the board just approved the quarterly dividend being increased by $.56. They are basically going to return about $21 billion to shareholders over the next 12 months. Dividend yield of 2.2%. (Analysts’ price target is $96.)

Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management http://www.newtongroupwealth.com/

1 Comment

utiac

August 31st 2017 at 8:26am

Dividend isn't being increased by $0.56, but rather to $0.56, so an increase of $0.06 quarterly.


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