Dividend Capture Strategy: 15 High Yield Stocks to Buy in April

12. JPMorgan Chase & Co. (NYSE:JPM)

Ex-Dividend Date: April 4

Dividend Yield as of March 30: 2.31%

JPMorgan Chase & Co. (NYSE:JPM) is an American multinational financial services and banking company. It operates across multiple key sectors of the financial industry. It owns a major bank that caters to both consumers and businesses, runs an investment banking division that assists companies in raising capital, and manages a wealth management arm that oversees investments for high-net-worth clients. With the exception of insurance, these operations cover all major areas of the finance sector.

In the fourth quarter of 2024, JPMorgan Chase & Co. (NYSE:JPM) delivered strong financial results, with net income surging 50% to $14 billion and net revenue climbing 10% to $43.7 billion. Although net interest income dipped 3% to $23.5 billion, noninterest revenue saw a notable 29% jump, reaching $20.3 billion. Operating expenses declined 7% to $22.8 billion, but when adjusted for the prior year’s $2.9 billion FDIC special assessment, they actually rose 5%, reflecting increased spending on compensation, brokerage fees, and technology. The bank also set aside $2.6 billion for credit losses, with net charge-offs rising to $2.4 billion, mainly due to higher losses in its Card Services division.

JPMorgan Chase & Co. (NYSE:JPM) is one of the best dividend stocks for a dividend capture strategy with stock trading ex-dividend on April 4. The company offers a quarterly dividend of $1.40 per share, having raised it by 12% in March. In addition to dividend growth, it also returned $3.5 billion to shareholders through dividends in the most recent quarter. The stock has a dividend yield of 2.31%, as of March 30.