ALRS vs JPM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. ALRS offers the higher yield at 2.81%, ALRS has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: ALRS vs JPM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Alerus Financial Corporation (ALRS) has the higher forward dividend yield at 2.81%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades ALRS's dividend safety A (92/100) and JPM's A (82/100).
- By SmarterDividends' count as of Oct 18, 2026, ALRS has raised its dividend for 22 consecutive years and JPM for 15.
- As of Oct 18, 2026, ALRS pays out 79% of its earnings as dividends and JPM pays out 26%.
- As of Oct 18, 2026, ALRS's fair-value estimate is 15% below its share price and JPM's fair-value estimate is 7% above its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ALRS vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/alrs-vs-jpm
| Metric | ALRS | JPM |
|---|---|---|
| Forward yield | 2.81% | 1.94% |
| Annual dividend | $0.88 | $6.60 |
| Payout ratio | 79% | 26% |
| Years of growth | 22 yr | 15 yr |
| 5-yr dividend growth | 6.7% | 9.0% |
| 5-yr total return | 4% | 114% |
| Dividend safety score | 92 (A) | 82 (A) |
| Fair value estimate | $26.60 | $364.60 |
| Upside to fair value | -15% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $781.2M | $902.2B |
| P/E ratio | 29.0 | 14.3 |
Higher yield
ALRS
2.81%
Safer dividend
ALRS
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
ALRS vs JPM — FAQ
Is ALRS or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (5 vs 3). ALRS offers the higher yield (2.81%), while ALRS has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ALRS or JPM?
ALRS has the higher forward dividend yield at 2.81%, versus 1.94% for JPM.
Is ALRS or JPM safer?
ALRS has the higher dividend-safety score (92/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is ALRS or JPM better value right now?
As of Oct 18, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For ALRS, its fair-value estimate is 15% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


