SmarterDividends

BMN vs JPM: Which Is the Better Dividend Stock?

As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. BMN offers the higher yield at 5.32%, JPM has the higher dividend-safety score, and BMN looks like the better value (its fair-value estimate is 15% above its share price).

Key facts: BMN vs JPM

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Blackrock 2037 Municipal Target Term Trust (BMN) has the higher forward dividend yield at 5.32%, versus 1.94% for JPMorgan Chase & Co. (JPM).
  • As of Oct 18, 2026, SmarterDividends grades BMN's dividend safety B (70/100) and JPM's A (82/100).
  • By SmarterDividends' count as of Oct 18, 2026, BMN has raised its dividend for 0 consecutive years and JPM for 15.
  • As of Oct 18, 2026, BMN pays out 51% of its earnings as dividends and JPM pays out 26%.
  • As of Oct 18, 2026, BMN's fair-value estimate is 15% above its share price and JPM's fair-value estimate is 7% above its share price, so BMN looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "BMN vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/bmn-vs-jpm

MetricBMNJPM
Forward yield5.32%1.94%
Annual dividend$1.19$6.60
Payout ratio51%26%
Years of growth0 yr15 yr
5-yr dividend growth—9.0%
5-yr total return—114%
Dividend safety score70 (B)82 (A)
Fair value estimate$25.84$364.60
Upside to fair value+15%+7%
Frequencymonthlyquarterly
Market cap$137.6M$902.2B
P/E ratio10.114.3

Higher yield

BMN

5.32%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

BMN

+15% upside

BMN vs JPM — FAQ

Is BMN or JPM a better dividend stock?

On the data, JPM wins more head-to-head categories (4 vs 2). BMN offers the higher yield (5.32%), while JPM has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, BMN or JPM?

BMN has the higher forward dividend yield at 5.32%, versus 1.94% for JPM.

Is BMN or JPM safer?

JPM has the higher dividend-safety score (82/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.

Is BMN or JPM better value right now?

As of Oct 18, 2026, BMN looks like the better value: its fair-value estimate is 15% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.

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