SmarterDividends

GDL vs JPM: Which Is the Better Dividend Stock?

As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. GDL offers the higher yield at 5.78%, JPM 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: GDL vs JPM

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, The GDL Fund (GDL) has the higher forward dividend yield at 5.78%, versus 1.94% for JPMorgan Chase & Co. (JPM).
  • As of Oct 18, 2026, SmarterDividends grades GDL's dividend safety B (71/100) and JPM's A (82/100).
  • By SmarterDividends' count as of Oct 18, 2026, GDL has raised its dividend for 0 consecutive years and JPM for 15.
  • As of Oct 18, 2026, GDL pays out 71% of its earnings as dividends and JPM pays out 26%.
  • As of Oct 18, 2026, GDL's fair-value estimate is 30% 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, "GDL vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gdl-vs-jpm

MetricGDLJPM
Forward yield5.78%1.94%
Annual dividend$0.48$6.60
Payout ratio71%26%
Years of growth0 yr15 yr
5-yr dividend growth0.9%9.0%
5-yr total return-6%114%
Dividend safety score71 (B)82 (A)
Fair value estimate$5.80$364.60
Upside to fair value-30%+7%
Frequencyquarterlyquarterly
Market cap$89.3M$902.2B
P/E ratio12.414.3

Higher yield

GDL

5.78%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

JPM

+7% upside

GDL vs JPM — FAQ

Is GDL or JPM a better dividend stock?

On the data, JPM wins more head-to-head categories (7 vs 1). GDL offers the higher yield (5.78%), 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, GDL or JPM?

GDL has the higher forward dividend yield at 5.78%, versus 1.94% for JPM.

Is GDL or JPM safer?

JPM has the higher dividend-safety score (82/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is GDL 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 GDL, its fair-value estimate is 30% below its share price.

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