US Banks Bump Up Dividends Following Fed's Successful Stress Test

Several prominent U.S. banks have declared their intentions to raise their dividends for Q3, following their successful performance in the Federal Reserve's annual stress test.What Happened: U.S. bank

BenzingaJun 29 12:11 ET

RBC Capital Maintains Wells Fargo & Co(WFC.US) With Hold Rating, Maintains Target Price $61

RBC Capital analyst Gerard Cassidy maintains $Wells Fargo & Co(WFC.US)$ with a hold rating, and maintains the target price at $61.According to TipRanks data, the analyst has a success rate of 61.4% an

Moomoo NewsJun 28 22:32 ET · Ratings

Bank of America, JPMorgan, Goldman Raise Investor Payouts Post-Stress Tests -- Barrons.com

By Rebecca Ungarino The largest U.S. banks said on Friday evening that they would increase payouts to investors in moves that were generally expected after lenders sailed through the Federal Reserve'

Barron'sJun 28 19:23 ET

Large US banks have announced an increase in dividends, all of which have passed the Federal Reserve stress tests.

Major US banks announced increases in dividends on Friday, all of which had previously passed the Federal Reserve's annual stress tests. Big banks such as JPMorgan and Bank of America announced increases in dividends. Just two days ago, the regulatory assessment showed that all 31 banks participating in the test could maintain sufficient capital and withstand the hypothetical test scenario of an economic recession. Other banks that raised dividends include Citigroup, Wells Fargo & Co, and Morgan Stanley. JPMorgan and Morgan Stanley also approved share buyback plans of billions of dollars. Major US banks announced increases in dividends on Friday for new quarterly dividends and previous quarters.

環球市場播報Jun 28 17:23 ET

JPMorgan, Citi, BofA, Wells Fargo All Boost Dividends

Yahoo FinanceJun 28 17:17 ET

June 28, the top 20 turnover of US stocks: poor performance expectations, Nike plunges 20%.

Nvidia, the top trading volume stock in the US on Friday, fell by 0.36%, with a turnover of 38.914 billion US dollars, and its market cap remained above 3 trillion US dollars. The stock fell 2.4% this week, and rose 12.7% in June, nearly 150% in the first half of the year. Nvidia stock price is currently entering a high-end shock, but according to Jackson, a hedge fund manager at EMJ Capital, the stock price of Nvidia is still relatively cheap based on expected P/E ratio. He expects that Nvidia's stock price will continue to rise and may reach $250 at the end of the year - doubling on the basis of the current stock price. If this prediction comes true, the market cap of Nvidia will

環球市場播報Jun 28 17:03 ET