DGRO vs JEPI: Which Is the Better Dividend Stock?
As of Nov 2, 2026, JEPI (JPMorgan Equity Premium Income ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. JEPI offers the higher yield at 7.93%, JEPI has the higher dividend-safety score, and JEPI looks like the better value (its fair-value estimate is 30% above its share price).
Key facts: DGRO vs JEPI
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, JPMorgan Equity Premium Income ETF (JEPI) has the higher forward dividend yield at 7.93%, versus 1.84% for iShares Core Dividend Growth ETF (DGRO).
- As of Nov 2, 2026, SmarterDividends grades DGRO's dividend safety C (59/100) and JEPI's C (62/100).
- By SmarterDividends' count as of Nov 2, 2026, DGRO has raised its dividend for 11 consecutive years and JEPI for 1.
- As of Nov 2, 2026, DGRO's fair-value estimate is 66% below its share price and JEPI's fair-value estimate is 30% above its share price, so JEPI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs JEPI: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dgro-vs-jepi
| Metric | DGRO | JEPI |
|---|---|---|
| Forward yield | 1.84% | 7.93% |
| Annual dividend | $1.49 | $4.56 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 1 yr |
| 5-yr dividend growth | 7.1% | -3.1% |
| 5-yr total return | 55% | -5% |
| Dividend safety score | 59 (C) | 62 (C) |
| Fair value estimate | $27.91 | $74.84 |
| Upside to fair value | -66% | +30% |
| Frequency | quarterly | monthly |
| Market cap | — | — |
| P/E ratio | 23.1 | 25.0 |
Higher yield
JEPI
7.93%
Safer dividend
JEPI
Grade C
Faster growth
DGRO
7.1%
Better value
JEPI
+30% upside
DGRO vs JEPI — FAQ
Is DGRO or JEPI a better dividend stock?
On the data, JEPI wins more head-to-head categories (4 vs 3). JEPI offers the higher yield (7.93%), while JEPI has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGRO or JEPI?
JEPI has the higher forward dividend yield at 7.93%, versus 1.84% for DGRO.
Is DGRO or JEPI safer?
JEPI has the higher dividend-safety score (62/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or JEPI better value right now?
As of Nov 2, 2026, JEPI looks like the better value: its fair-value estimate is 30% above its share price (undervalued). For DGRO, its fair-value estimate is 66% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.