Ex-Div Reminder for JPMorgan Chase Non-Cumulative Preferred Stock, Series P

On 10/30/13, JPMorgan Chase & Co.'s 5.45% Non-Cumulative Preferred Stock, Series P (NYSE: JPM.PRA) will trade ex-dividend, for its quarterly dividend of $0.3406, payable on 12/1/13. As a percentage of JPM.PRA's recent share price of $21.69, this dividend works out to approximately 1.57%, so look for shares of JPM.PRA to trade 1.57% lower -- all else being equal -- when JPM.PRA shares open for trading on 10/30/13. On an annualized basis, the current yield is approximately 6.29%, which compares to...