SmarterDividends

JPM vs MKTX: Which Is the Better Dividend Stock?

As of Nov 9, 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 1.97%, MKTX has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 13% below its share price).

Key facts: JPM vs MKTX

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, JPMorgan Chase & Co. (JPM) has the higher forward dividend yield at 1.97%, versus 1.88% for MarketAxess Holdings Inc. (MKTX).
  • As of Nov 9, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and MKTX's A (89/100).
  • By SmarterDividends' count as of Nov 9, 2026, JPM has raised its dividend for 15 consecutive years and MKTX for 15.
  • As of Nov 9, 2026, JPM pays out 26% of its earnings as dividends and MKTX pays out 38%.
  • As of Nov 9, 2026, JPM's fair-value estimate is 13% below its share price and MKTX's fair-value estimate is 14% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricJPMMKTX
Forward yield1.97%1.88%
Annual dividend$6.60$3.12
Payout ratio26%38%
Years of growth15 yr15 yr
5-yr dividend growth9.0%4.8%
5-yr total return111%-53%
Dividend safety score86 (A)89 (A)
Fair value estimate$290.88$142.89
Upside to fair value-13%-14%
Frequencyquarterlyquarterly
Market cap$888.3B$5.8B
P/E ratio14.020.3

Higher yield

JPM

1.97%

Safer dividend

MKTX

Grade A

Faster growth

JPM

9.0%

Better value

JPM

-13% upside

JPM vs MKTX — FAQ

Is JPM or MKTX a better dividend stock?

On the data, JPM wins more head-to-head categories (6 vs 1). JPM offers the higher yield (1.97%), while MKTX 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 MKTX?

JPM has the higher forward dividend yield at 1.97%, versus 1.88% for MKTX.

Is JPM or MKTX safer?

MKTX has the higher dividend-safety score (89/100 vs 86/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or MKTX better value right now?

As of Nov 9, 2026, JPM looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For MKTX, its fair-value estimate is 14% below its share price.

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