FMAO vs JPM: Which Is the Better Dividend Stock?
As of Oct 15, 2026, FMAO (Farmers & Merchants Bancorp, Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. FMAO offers the higher yield at 2.75%, FMAO has the higher dividend-safety score, and FMAO looks like the better value (its fair-value estimate is 40% above its share price).
Key facts: FMAO vs JPM
Data as of · Source: SmarterDividends data
- As of Oct 15, 2026, Farmers & Merchants Bancorp, Inc. (FMAO) has the higher forward dividend yield at 2.75%, versus 1.99% for JPMorgan Chase & Co. (JPM).
- As of Oct 15, 2026, SmarterDividends grades FMAO's dividend safety A (95/100) and JPM's A (82/100).
- By SmarterDividends' count as of Oct 15, 2026, FMAO has raised its dividend for 19 consecutive years and JPM for 15.
- As of Oct 15, 2026, FMAO pays out 24% of its earnings as dividends and JPM pays out 26%.
- As of Oct 15, 2026, FMAO's fair-value estimate is 40% above its share price and JPM's fair-value estimate is 7% above its share price, so FMAO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FMAO vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 15, 2026, https://smarterdividends.com/compare/fmao-vs-jpm
| Metric | FMAO | JPM |
|---|---|---|
| Forward yield | 2.75% | 1.99% |
| Annual dividend | $0.92 | $6.15 |
| Payout ratio | 24% | 26% |
| Years of growth | 19 yr | 15 yr |
| 5-yr dividend growth | 6.4% | 9.0% |
| 5-yr total return | 36% | 96% |
| Dividend safety score | 95 (A) | 82 (A) |
| Fair value estimate | $48.70 | $358.66 |
| Upside to fair value | +40% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $477.8M | $890.4B |
| P/E ratio | 11.9 | 13.9 |
Higher yield
FMAO
2.75%
Safer dividend
FMAO
Grade A
Faster growth
JPM
9.0%
Better value
FMAO
+40% upside
FMAO vs JPM — FAQ
Is FMAO or JPM a better dividend stock?
On the data, FMAO wins more head-to-head categories (5 vs 3). FMAO offers the higher yield (2.75%), while FMAO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, FMAO or JPM?
FMAO has the higher forward dividend yield at 2.75%, versus 1.99% for JPM.
Is FMAO or JPM safer?
FMAO has the higher dividend-safety score (95/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is FMAO or JPM better value right now?
As of Oct 15, 2026, FMAO looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.