HPS vs JPM: Which Is the Better Dividend Stock?
As of Nov 11, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. HPS offers the higher yield at 11.01%, JPM has the higher dividend-safety score, and HPS looks like the better value (its fair-value estimate is 13% above its share price).
Key facts: HPS vs JPM
Data as of · Source: SmarterDividends data
- As of Nov 11, 2026, John Hancock Preferred Income Fund III (HPS) has the higher forward dividend yield at 11.01%, versus 1.93% for JPMorgan Chase & Co. (JPM).
- As of Nov 11, 2026, SmarterDividends grades HPS's dividend safety C (57/100) and JPM's A (86/100).
- By SmarterDividends' count as of Nov 11, 2026, HPS has raised its dividend for 0 consecutive years and JPM for 15.
- As of Nov 11, 2026, HPS pays out 242% of its earnings as dividends and JPM pays out 26%.
- As of Nov 11, 2026, HPS's fair-value estimate is 13% above its share price and JPM's fair-value estimate is 15% below its share price, so HPS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HPS vs JPM: Dividend Yield, Safety & Value Compared," updated Nov 11, 2026, https://smarterdividends.com/compare/hps-vs-jpm
| Metric | HPS | JPM |
|---|---|---|
| Forward yield | 11.01% | 1.93% |
| Annual dividend | $1.32 | $6.60 |
| Payout ratio | 242% | 26% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | 0.0% | 9.0% |
| 5-yr total return | -37% | 111% |
| Dividend safety score | 57 (C) | 86 (A) |
| Fair value estimate | $13.54 | $290.88 |
| Upside to fair value | +13% | -15% |
| Frequency | monthly | quarterly |
| Market cap | $385.0M | $908.4B |
| P/E ratio | 21.8 | 14.3 |
Higher yield
HPS
11.01%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
HPS
+13% upside
HPS vs JPM — FAQ
Is HPS or JPM a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). HPS offers the higher yield (11.01%), 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, HPS or JPM?
HPS has the higher forward dividend yield at 11.01%, versus 1.93% for JPM.
Is HPS or JPM safer?
JPM has the higher dividend-safety score (86/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is HPS or JPM better value right now?
As of Nov 11, 2026, HPS looks like the better value: its fair-value estimate is 13% above its share price (fairly valued). For JPM, its fair-value estimate is 15% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.