Options market implies that JPMorgan and other megabanks may slash dividends after Fed stress test

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New for subscribers: Options market implies that JPMorgan and other megabanks may slash dividends after Fed stress test Check out CNBCPro for a free trial.

of the U.S. megabanks imply a 33% dividend cut by January 2021, according to a trader who runs the options flow desk for a major brokerage. The New York-based bank currently pays a 90 cent quarterly dividend, or a total of $2.

70 in the three quarters through January.
 

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Pro Listen to the Fed, For days they are warning about the Jobs market. Buying junk bonds will not save main street. PPP money gone for most . 1 month before the slew of restaurants closing for good. Only congress can help with more free money, Fat chance with election

Pro So they're gonna make even more money.. Genius idea...

Pro Banks are skating precariously on thin reserves

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