JPM vs MBIN: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. JPM offers the higher yield at 1.94%, JPM has the higher dividend-safety score, and MBIN looks like the better value (its fair-value estimate is 167% above its share price).
Key facts: JPM vs MBIN
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, JPMorgan Chase & Co. (JPM) has the higher forward dividend yield at 1.94%, versus 0.90% for Merchants Bancorp (MBIN).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and MBIN's A (81/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and MBIN for 8.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and MBIN pays out 8%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and MBIN's fair-value estimate is 167% above its share price, so MBIN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs MBIN: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-mbin
| Metric | JPM | MBIN |
|---|---|---|
| Forward yield | 1.94% | 0.90% |
| Annual dividend | $6.60 | $0.44 |
| Payout ratio | 26% | 8% |
| Years of growth | 15 yr | 8 yr |
| 5-yr dividend growth | 9.0% | 13.4% |
| 5-yr total return | 114% | 60% |
| Dividend safety score | 82 (A) | 81 (A) |
| Fair value estimate | $364.60 | $130.10 |
| Upside to fair value | +7% | +167% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $2.2B |
| P/E ratio | 14.3 | 9.8 |
Higher yield
JPM
1.94%
Safer dividend
JPM
Grade A
Faster growth
MBIN
13.4%
Better value
MBIN
+167% upside
JPM vs MBIN — FAQ
Is JPM or MBIN a better dividend stock?
On the data, JPM wins more head-to-head categories (5 vs 3). JPM offers the higher yield (1.94%), 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, JPM or MBIN?
JPM has the higher forward dividend yield at 1.94%, versus 0.90% for MBIN.
Is JPM or MBIN safer?
JPM has the higher dividend-safety score (82/100 vs 81/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or MBIN better value right now?
As of Oct 18, 2026, MBIN looks like the better value: its fair-value estimate is 167% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.