Question

JP Morgan Senior Notes 5.6%                 Symbol        Closing Price    Dividend/share   YTD

JP Morgan Senior Notes 5.6%                 Symbol        Closing Price    Dividend/share   YTD % Chg.

                                                                           JPM.PA          $24.79                $1.3625                    -1.63

What is the current yield for JP Morgan Preferred Stock?

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Answer #1

Current yield = Annual Dividend per share/ Current price

We have both input data from the quote given.

Hence current yield =  1.3625/24.79

= 5.5%

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