SmarterDividends

HFWA vs JPM: Which Is the Better Dividend Stock?

As of Nov 8, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HFWA offers the higher yield at 3.52%, JPM has the higher dividend-safety score, and HFWA looks like the better value (its fair-value estimate is 37% above its share price).

Key facts: HFWA vs JPM

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Heritage Financial Corporation (HFWA) has the higher forward dividend yield at 3.52%, versus 1.97% for JPMorgan Chase & Co. (JPM).
  • As of Nov 8, 2026, SmarterDividends grades HFWA's dividend safety A (84/100) and JPM's A (86/100).
  • By SmarterDividends' count as of Nov 8, 2026, HFWA has raised its dividend for 14 consecutive years and JPM for 15.
  • As of Nov 8, 2026, HFWA pays out 46% of its earnings as dividends and JPM pays out 26%.
  • As of Nov 8, 2026, HFWA's fair-value estimate is 37% above its share price and JPM's fair-value estimate is 13% below its share price, so HFWA looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HFWA vs JPM: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/hfwa-vs-jpm

MetricHFWAJPM
Forward yield3.52%1.97%
Annual dividend$1.00$6.60
Payout ratio46%26%
Years of growth14 yr15 yr
5-yr dividend growth3.7%9.0%
5-yr total return21%111%
Dividend safety score84 (A)86 (A)
Fair value estimate$38.91$290.88
Upside to fair value+37%-13%
Frequencyquarterlyquarterly
Market cap$1.2B$888.3B
P/E ratio14.114.0

Higher yield

HFWA

3.52%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

HFWA

+37% upside

HFWA vs JPM — FAQ

Is HFWA or JPM a better dividend stock?

On the data, JPM wins more head-to-head categories (6 vs 2). HFWA offers the higher yield (3.52%), 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, HFWA or JPM?

HFWA has the higher forward dividend yield at 3.52%, versus 1.97% for JPM.

Is HFWA or JPM safer?

JPM has the higher dividend-safety score (86/100 vs 84/100), reflecting stronger payout coverage and dividend-growth history.

Is HFWA or JPM better value right now?

As of Nov 8, 2026, HFWA looks like the better value: its fair-value estimate is 37% above its share price (undervalued). For JPM, its fair-value estimate is 13% below its share price.

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