SmarterDividends

JPM vs MHD: Which Is the Better Dividend Stock?

As of Nov 9, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MHD offers the higher yield at 6.50%, JPM has the higher dividend-safety score, and MHD looks like the better value (its fair-value estimate is 11% below its share price).

Key facts: JPM vs MHD

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, BlackRock MuniHoldings Fund, Inc. (MHD) has the higher forward dividend yield at 6.50%, versus 1.97% for JPMorgan Chase & Co. (JPM).
  • As of Nov 9, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and MHD's C (58/100).
  • By SmarterDividends' count as of Nov 9, 2026, JPM has raised its dividend for 15 consecutive years and MHD for 2.
  • As of Nov 9, 2026, JPM pays out 26% of its earnings as dividends and MHD pays out 72%.
  • As of Nov 9, 2026, JPM's fair-value estimate is 13% below its share price and MHD's fair-value estimate is 11% below its share price, so MHD looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs MHD: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/jpm-vs-mhd

MetricJPMMHD
Forward yield1.97%6.50%
Annual dividend$6.60$0.71
Payout ratio26%72%
Years of growth15 yr2 yr
5-yr dividend growth9.0%-0.4%
5-yr total return111%-33%
Dividend safety score86 (A)58 (C)
Fair value estimate$290.88$9.75
Upside to fair value-13%-11%
Frequencyquarterlymonthly
Market cap$888.3B$1.9B
P/E ratio14.011.0

Higher yield

MHD

6.50%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

MHD

-11% upside

JPM vs MHD — FAQ

Is JPM or MHD a better dividend stock?

On the data, JPM wins more head-to-head categories (6 vs 2). MHD offers the higher yield (6.50%), 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 MHD?

MHD has the higher forward dividend yield at 6.50%, versus 1.97% for JPM.

Is JPM or MHD safer?

JPM has the higher dividend-safety score (86/100 vs 58/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or MHD better value right now?

As of Nov 9, 2026, MHD looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). 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.