Jim Cramer on Big Banks raising dividends after passing Fed stress tests

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Many of the nation's biggest banks are raising their dividends after passing the Federal Reserve stress tests. Morgan Stanley and Wells Fargo doubled their payouts while Goldman Sachs, Bank of America and JPMorgan Chase also announced increases. Citi was the lone exception, with the bank keeping its dividend unchanged, but it did leave the door open for possible future increases. CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.

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Jim Cramer on Big Banks raising dividends after passing Fed stress tests
Jim Cramer on Big Banks raising dividends after passing Fed stress tests

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