HBNC vs JPM: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HBNC offers the higher yield at 3.29%, HBNC 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: HBNC vs JPM
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Horizon Bancorp, Inc. (HBNC) has the higher forward dividend yield at 3.29%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades HBNC's dividend safety A (96/100) and JPM's A (82/100).
- By SmarterDividends' count as of Oct 18, 2026, HBNC has raised its dividend for 0 consecutive years and JPM for 15.
- As of Oct 18, 2026, HBNC pays out 55% of its earnings as dividends and JPM pays out 26%.
- As of Oct 18, 2026, HBNC's fair-value estimate is 24% 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, "HBNC vs JPM: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/hbnc-vs-jpm
| Metric | HBNC | JPM |
|---|---|---|
| Forward yield | 3.29% | 1.94% |
| Annual dividend | $0.64 | $6.60 |
| Payout ratio | 55% | 26% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | 5.9% | 9.0% |
| 5-yr total return | 0% | 114% |
| Dividend safety score | 96 (A) | 82 (A) |
| Fair value estimate | $14.87 | $364.60 |
| Upside to fair value | -24% | +7% |
| Frequency | quarterly | quarterly |
| Market cap | $999.2M | $902.2B |
| P/E ratio | — | 14.3 |
Higher yield
HBNC
3.29%
Safer dividend
HBNC
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
HBNC vs JPM — FAQ
Is HBNC or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). HBNC offers the higher yield (3.29%), while HBNC has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, HBNC or JPM?
HBNC has the higher forward dividend yield at 3.29%, versus 1.94% for JPM.
Is HBNC or JPM safer?
HBNC has the higher dividend-safety score (96/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is HBNC 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 HBNC, its fair-value estimate is 24% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


