Several major banks in the United States have announced plans to increase their dividends following the latest Federal Reserve stress test. JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are all boosting their quarterly dividends, with JPMorgan also authorizing a $30 billion share repurchase plan. This move comes after passing the stress test, which ensures that banks have enough capital to cover potential losses in times of crisis. The stress test results allow banks to create capital return plans, including dividends and buybacks, which must be approved before being announced. Investors in these banks have been eagerly awaiting this news, as it indicates the financial stability and strength of these institutions. With other banks like Morgan Stanley and Fifth Third also revealing their dividend and buyback plans, it's a busy time for investors in the banking sector.