◆ Preferred Stock Research

ⓘ Guide

JPM-P-L

JPMORGAN CHASE & CO · Series L · Banks
Also quoted as: JPM-L, JPMprL, JPM.PRL, JPM-PL, JPMpL
last price

About this security

JPM-P-L is a 4.625% preferred stock issued by JPMORGAN CHASE & CO, a Banks issuer. $25 liquidation preference.

JPMORGAN CHASE & CO: JPMorgan Chase & Co. (NYSE: JPM) is a U.S.-based financial holding company and one of the world's largest financial institutions, with $4.4 trillion in assets and $362.4 billion in stockholders' equity as of December 31, 2025. The Firm operates across investment banking, consumer and small business financial services, commercial banking, financial transaction processing, and asset management under the J.P. Morgan and Chase brands. Its principal banking subsidiary, JPMorgan Chase Bank, N.A., maintains branches in 48 states and Washington, D.C., while its international operations span overseas branches, subsidiaries, and representative offices, with major non-U.S. subsidiaries based in the U.K. and Germany.

Issuer page — all JPMORGAN CHASE & CO securities & profile →

Key Stats ✓ terms from SEC 424B5 — verify via link below ⚠ 1 data error — see /audit

Current Yield
Annual Dividend
Recent Market Price
as of 2026-06-15
Disc/Prem to Par (→ screen)
Recent Ex-Date
2026-05-04
Pay Frequency
semiannual
Cumulative
Original Coupon (est.)
4.625%
Call Date
Yield to Call
n/a — not callable
Yield to Worst
Liq. Preference
$25.00
Maturity
2011-02-01
Redeemable
No
Convertible
No
Pay Dates
February 1, August 1
Issued
2021-05-13
Series
L
Alt. Symbology
JPM-L, JPMprL, JPM.PRL, JPM-PL, JPMpL

vs. Banks category (72 issues): yield — vs avg 6.69%

Quote

 JPM-P-L (preferred)JPM (common)
Last $18.75 $320.72
Change +7.23 (+2.31%)
Open$18.70$315.97
High / Low $18.77 / $18.70 $321.30 / $315.55
Prev Close$313.49
Volume308,1007,426,164
52-Week High / Low $21.12 / $18.46 $337.25 / $260.31

52-week range based on available history. Shares outstanding / market cap require a fundamentals feed (not in current data plan).

Price

JPM-P-L JPM (common)

Dividend History

Ex-DateAmount / Share
2026-05-04$0.289075
2026-01-30$0.289075
2025-11-03$0.289075
2025-08-04$0.289075
2025-05-02$0.289075
2025-01-30$0.289075
2024-11-01$0.289075
2024-08-02$0.289075
2024-05-01$0.289075
2024-01-30$0.289075
2023-10-31$0.289075
2023-08-01$0.289075

Performance — $10K Calculator

See what an investment in JPM-P-L would be worth today, dividends reinvested.

Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →

🔔 Get dividend & filing alerts for JPM-P-L →

Prospectus (SEC 424B5)

J.P. Morgan Chase & Co. $1,500,000,000 6.75% Subordinated Notes due 2011. Interest payable August 1st and February 1st. ISSUE PRICE: 99.334%. The subordinated notes will mature on February 1, 2011.

Full Prospectus (SEC filing) →

Other Securities from JPMORGAN CHASE & CO

SymbolTypeCouponPriceYield
JPM-P-D preferred 5.750% 24.14 5.95%
JPM-P-J preferred 4.750% 19.28 6.16%
JPM-P-K preferred 4.550% 18.45 6.17%
JPM-P-M preferred 3.800% 17.27 6.08%

News — JPMORGAN CHASE & CO

Issuer news via Tiingo, tagged to JPM.

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About this site

This site tracks preferred stocks and baby bonds — investments that pay regular, scheduled dividends. Every figure shown is drawn from companies' SEC filings and live market quotes.

What you're looking at
A preferred stock sits between a common stock and a bond. It usually trades near a $25 face value and pays a fixed dividend on a set schedule. Baby bonds are similar, but they are debt that matures on a stated date.
Key terms
YieldAnnual income as a % of the price. Higher means more income — but check why a yield is unusually high.
ParThe face value, almost always $25 — the price the company can redeem the share at.
Discount / PremiumWhether the share trades below par (a discount) or above it (a premium).
Call dateThe first date the company is allowed to buy the share back from you at par.
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