HDB vs JPM: Which Is the Better Dividend Stock?
As of Nov 5, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. JPM offers the higher yield at 1.87%, 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: HDB vs JPM
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, JPMorgan Chase & Co. (JPM) has the higher forward dividend yield at 1.87%, versus 1.68% for HDFC Bank Limited (HDB).
- As of Nov 5, 2026, SmarterDividends grades HDB's dividend safety C (58/100) and JPM's A (82/100).
- By SmarterDividends' count as of Nov 5, 2026, HDB has raised its dividend for 0 consecutive years and JPM for 15.
- As of Nov 5, 2026, HDB pays out 23% of its earnings as dividends and JPM pays out 26%.
- As of Nov 5, 2026, HDB's fair-value estimate is 2% above 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, "HDB vs JPM: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/hdb-vs-jpm
| Metric | HDB | JPM |
|---|---|---|
| Forward yield | 1.68% | 1.87% |
| Annual dividend | $0.41 | $6.60 |
| Payout ratio | 23% | 26% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | — | 9.0% |
| 5-yr total return | -32% | 112% |
| Dividend safety score | 58 (C) | 82 (A) |
| Fair value estimate | $24.82 | $364.60 |
| Upside to fair value | +2% | +7% |
| Frequency | annual | quarterly |
| Market cap | $125.7B | $906.8B |
| P/E ratio | 15.8 | 14.3 |
Higher yield
JPM
1.87%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
HDB vs JPM — FAQ
Is HDB or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 1). JPM offers the higher yield (1.87%), 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, HDB or JPM?
JPM has the higher forward dividend yield at 1.87%, versus 1.68% for HDB.
Is HDB or JPM safer?
JPM has the higher dividend-safety score (82/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.
Is HDB or JPM better value right now?
As of Nov 5, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For HDB, its fair-value estimate is 2% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.