SmarterDividends

AFL vs JPM: Which Is the Better Dividend Stock?

As of Oct 30, 2026, AFL (Aflac Incorporated) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. AFL offers the higher yield at 2.00%, AFL has the higher dividend-safety score, and AFL looks like the better value (its fair-value estimate is 9% above its share price).

Key facts: AFL vs JPM

Data as of · Source: SmarterDividends data

  • As of Oct 30, 2026, Aflac Incorporated (AFL) has the higher forward dividend yield at 2.00%, versus 1.95% for JPMorgan Chase & Co. (JPM).
  • As of Oct 30, 2026, SmarterDividends grades AFL's dividend safety A (99/100) and JPM's A (82/100).
  • By SmarterDividends' count as of Oct 30, 2026, AFL has raised its dividend for 41 consecutive years and JPM for 15.
  • As of Oct 30, 2026, AFL pays out 26% of its earnings as dividends and JPM pays out 26%.
  • As of Oct 30, 2026, AFL's fair-value estimate is 9% above its share price and JPM's fair-value estimate is 6% above its share price, so AFL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AFL vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 30, 2026, https://smarterdividends.com/compare/afl-vs-jpm

MetricAFLJPM
Forward yield2.00%1.95%
Annual dividend$2.44$6.60
Payout ratio26%26%
Years of growth41 yr15 yr
5-yr dividend growth15.7%9.0%
5-yr total return123%109%
Dividend safety score99 (A)82 (A)
Fair value estimate$134.35$364.60
Upside to fair value+9%+6%
Frequencyquarterlyquarterly
Market cap$61.9B$912.4B
P/E ratio13.314.4

Higher yield

AFL

2.00%

Safer dividend

AFL

Grade A

Faster growth

AFL

15.7%

Better value

AFL

+9% upside

AFL vs JPM — FAQ

Is AFL or JPM a better dividend stock?

On the data, AFL wins more head-to-head categories (7 vs 1). AFL offers the higher yield (2.00%), while AFL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, AFL or JPM?

AFL has the higher forward dividend yield at 2.00%, versus 1.95% for JPM.

Is AFL or JPM safer?

AFL has the higher dividend-safety score (99/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.

Is AFL or JPM better value right now?

As of Oct 30, 2026, AFL looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). For JPM, its fair-value estimate is 6% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.