How To Earn a Tax-Advantaged 10% Dividend Yield

The average annual return of commercial real estate over 20 years is roughly 9.5%, nearly 1% greater than the S&P 500's average annual return of 8.6%.

The CRE Income Fund pays an annual 10% dividend yield and is a long-term strategy that returns over $25,000 for every $10,000 invested over the next ten years.

Douglas B. Petno net worth and biography

Douglas Petno Biography and Net Worth

CEO of JPMorgan Chase & Co.

Doug Petno is the Chief Executive Officer of Commercial Banking, one of the firm's four lines of business. He reports to Jamie Dimon, Chairman and CEO, and is a member of the firm's Operating Committee.

Commercial Banking has more than 10,000 professionals located in 142 locations across the US and 30 major international cities. Commercial Banking delivers industry leading capabilities and comprehensive financial solutions, including investment banking, treasury services, merchant services, and commercial lending. The business serves more than 18,000 clients, including mid-sized businesses and corporations, government entities and not-for-profit organizations and more than 33,000 real estate investors/owners.
Petno has more than 30 years of experience at the firm. Prior to his current role, Doug was Global Head of J.P. Morgan's Natural Resources Investment Banking Group, where he oversaw client coverage for Oil & Gas, Power & Utilities, Chemicals, Metals & Mining, Building Products, and Paper & Packaging. He joined Commercial Banking in 2010 as Chief Operating Officer and then became the Chief Executive Officer in 2012.

Petno recently joined The Nature Conservancy Board of Directors and is Vice Chairman of NatureVest, an initiative to advance impact investing in conservation. Petno is on the Board of the American Bankers Association and is actively engaged with the members on key issues facing the banking industry. He also serves on the Board of Directors for the J.P. Morgan Chase & Co. Foundation. He received an A.B. degree in Biology from Wabash College and holds a Master of Business Administration from the University of Rochester's Simon School of Business.

What is Douglas B. Petno's net worth?: The estimated net worth of Douglas B. Petno is at least $40.77 million as of April 15th, 2021. Mr. Petno owns 373,531 shares of JPMorgan Chase & Co. stock worth more than $40,767,173 as of September 26th. This net worth approximation does not reflect any other investments that Mr. Petno may own. Learn More about Douglas B. Petno's net worth.
How do I contact Douglas B. Petno?: The corporate mailing address for Mr. Petno and other JPMorgan Chase & Co. executives is 383 MADISON AVENUE, NEW YORK NY, 10179. JPMorgan Chase & Co. can also be reached via phone at (212) 270-6000 and via email at [email protected] Learn More on Douglas B. Petno's contact information.
Has Douglas B. Petno been buying or selling shares of JPMorgan Chase & Co.?: Douglas B. Petno has not been actively trading shares of JPMorgan Chase & Co. over the course of the past ninety days. Most recently, Douglas B. Petno sold 22,011 shares of the business's stock in a transaction on Friday, January 29th. The shares were sold at an average price of $129.84, for a transaction totalling $2,857,908.24. Learn More on Douglas B. Petno's trading history.
Who are JPMorgan Chase & Co.'s active insiders?: JPMorgan Chase & Co.'s insider roster includes Ashley Bacon (Insider), Stephen Burke (Director), Reginald Chambers (CFO & Head of Strategy for Commercial Banking), James Dimon (Chairman & CEO ), Mary Erdoes (CEO), Stacey Friedman (General Counsel), Nicole Giles (Insider), Marianne Lake (EVP), Douglas Petno (CEO), Jennifer Piepszak (CFO), Daniel Pinto (CEO), Peter Scher (EVP), and Gordon Smith (CEO). Learn More on JPMorgan Chase & Co.'s active insiders.
Are insiders buying or selling shares of JPMorgan Chase & Co.?: During the last year, JPMorgan Chase & Co. insiders bought shares 1 times. They purchased a total of 3,329 shares worth more than $10,919.12. During the last year, insiders at the financial services provider sold shares 2 times. They sold a total of 25,680 shares worth more than $3,321,455.40. The most recent insider tranaction occured on August, 11th when Major Shareholder Chase & Co Jpmorgan bought 3,329 shares worth more than $10,919.12. Insiders at JPMorgan Chase & Co. own 0.8 % of the company. Learn More about insider trades at JPMorgan Chase & Co..
Information on this page was last updated on 8/11/2022.

Douglas B. Petno Insider Trading History at JPMorgan Chase & Co.

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
1/29/2021	Sell	22,011	$129.84	$2,857,908.24
1/27/2020	Sell	62,085	$131.94	$8,191,494.90
4/15/2019	Sell	18,303	$109.74	$2,008,571.22	259,386
1/29/2019	Sell	11,659	$105.00	$1,224,195.00
1/18/2017	Sell	21,532	$83.67	$1,801,582.44	86,338
1/17/2017	Sell	6,728	$84.16	$566,228.48	115,938
1/29/2016	Sell	10,566	$59.00	$623,394.00	118,955

Douglas B. Petno Buying and Selling Activity at JPMorgan Chase & Co.

JPMorgan Chase & Co. Company Overview

JPMorgan Chase & Co. operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers s deposit, investment and lending products, payments, and services to consumers; lending, deposit, and cash management and payment solutions to small businesses; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit card, auto loan, and leasing services. The CIB segment provides investment banking products and services, including corporate strategy and structure advisory, and equity and debt markets capital-raising services, as well as loan origination and syndication; payments and cross-border financing; and cash and derivative instruments, risk management solutions, prime brokerage, and research. This segment also offers securities services, including custody, fund accounting and administration, and securities lending products for asset managers, insurance companies, and public and private investment funds. The CB segment provides financial solutions, including lending, payments, investment banking, and asset management to small business, large and midsized companies, local governments, and nonprofit clients; and commercial real estate banking services to investors, developers, and owners of multifamily, office, retail, industrial, and affordable housing properties. The AWM segment offers multi-asset investment management solutions in equities, fixed income, alternatives, and money market funds to institutional clients and retail investors; and retirement products and services, brokerage, custody, trusts and estates, loans, mortgages, deposits, and investment management products. The company also provides ATM, online and mobile, and telephone banking services. JPMorgan Chase & Co. was founded in 1799 and is headquartered in New York, New York.

Today's Range

Now: $109.14

$107.16

$110.34

50 Day Range

MA: $116.01

$109.14

$123.63

2 Week Range

Now: $109.14

$106.06

$172.96

Volume

18,138,500 shs

Average Volume

14,293,177 shs

Market Capitalization

$320.06 billion

P/E Ratio

8.76

Dividend Yield

3.67%

Beta

1.1

How To Earn a Tax-Advantaged 10% Dividend Yield

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