JPMorgan Chase Files 8-K on Preferred Stock Series
Ticker: VYLD · Form: 8-K · Filed: Oct 22, 2024 · CIK: 19617
Sentiment: neutral
Topics: preferred-stock, disclosure, financials
Related Tickers: JPM
TL;DR
JPM filed an 8-K detailing preferred stock series like DD, EE, GG, JJ with dividend rates.
AI Summary
JPMorgan Chase & Co. filed an 8-K on October 22, 2024, to report other events and financial statements. The filing includes details on various series of non-cumulative preferred stock, such as Series DD, EE, GG, JJ, and others, with specific dividend rates and dates of issuance or effectiveness.
Why It Matters
This filing provides crucial information for investors holding or considering JPMorgan Chase's preferred stock, detailing terms and conditions of different series.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of preferred stock details and does not indicate any immediate financial distress or significant operational changes.
Key Numbers
- 5.75% — Series DD Preferred Stock Dividend Rate (Specific dividend rate for a preferred stock series.)
- 6.00% — Series EE Preferred Stock Dividend Rate (Specific dividend rate for a preferred stock series.)
- 4.75% — Series GG Preferred Stock Dividend Rate (Specific dividend rate for a preferred stock series.)
- 4.55% — Series JJ Preferred Stock Dividend Rate (Specific dividend rate for a preferred stock series.)
Key Players & Entities
- JPMORGAN CHASE & CO (company) — Filer
- 0000019617 (company) — Central Index Key
- 383 MADISON AVENUE (location) — Business Address
- 2122706000 (phone_number) — Business Phone
- 2024-10-22 (date) — Filing Date
- 5.75% (dollar_amount) — Dividend Rate for Series DD Preferred Stock
- 6.00% (dollar_amount) — Dividend Rate for Series EE Preferred Stock
- 4.75% (dollar_amount) — Dividend Rate for Series GG Preferred Stock
- 4.55% (dollar_amount) — Dividend Rate for Series JJ Preferred Stock
FAQ
What is the purpose of this 8-K filing by JPMorgan Chase & Co.?
The 8-K filing on October 22, 2024, is to report 'Other Events' and 'Financial Statements and Exhibits', specifically detailing various series of non-cumulative preferred stock.
What are some of the specific preferred stock series mentioned in the filing?
The filing mentions Series DD (5.75% dividend), Series EE (6.00% dividend), Series GG (4.75% dividend), and Series JJ (4.55% dividend), among others.
What is the dividend rate for the Series EE Non-Cumulative Preferred Stock?
The Series EE Non-Cumulative Preferred Stock has a dividend rate of 6.00%.
When was this 8-K filing submitted?
The 8-K filing was submitted on October 22, 2024.
What is the Central Index Key (CIK) for JPMorgan Chase & Co.?
The Central Index Key for JPMorgan Chase & Co. is 0000019617.
Filing Stats: 756 words · 3 min read · ~3 pages · Grade level 10.9 · Accepted 2024-10-22 16:15:32
Key Financial Figures
- $500,000,000 — se & Co. closed public offerings of (i) $500,000,000 aggregate principal amount of Floating
- $2,000,000,000 — 2028 (the "Floating Rate Notes"), (ii) $2,000,000,000 aggregate principal amount of Fixed-to-
- $2,500,000,000 — 8 Fixed-to-Floating Rate Notes"), (iii) $2,500,000,000 aggregate principal amount of Fixed-to-
- $3,000,000,000 — Fixed-to-Floating Rate Notes") and (iv) $3,000,000,000 aggregate principal amount of Fixed-to-
Filing Documents
- d901602d8k.htm (8-K) — 44KB
- d901602dex51.htm (EX-5.1) — 11KB
- 0001193125-24-241062.txt ( ) — 272KB
- jpm-20241022.xsd (EX-101.SCH) — 7KB
- jpm-20241022_def.xml (EX-101.DEF) — 17KB
- jpm-20241022_lab.xml (EX-101.LAB) — 31KB
- jpm-20241022_pre.xml (EX-101.PRE) — 18KB
- d901602d8k_htm.xml (XML) — 17KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits 5.1 Opinion of Simpson Thacher & Bartlett LLP as to the legality of the Notes. 23.1 Consent of Simpson Thacher & Bartlett LLP (included as part of Exhibit 5.1). 101 Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. JPMORGAN CHASE & CO. (Registrant) By: /s/ Jordan A. Costa Name: Jordan A. Costa Title: Managing Director Dated: October 22, 2024