With the Federal Reserve giving major financial institutions high marks in its annual stress tests, several large banks raised their dividends.

The largest U.S. banks on Tuesday announced fresh plans for stock buybacks and dividends following the Federal Reserve’s disclosure of positive annual stress test results, a sign that some of the world’s most systemically important lenders are sitting on more than enough capital.

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn