JPM vs MRSH: Which Is the Better Dividend Stock?
As of Oct 24, 2026, JPM and MRSH are closely matched. MRSH offers the higher yield at 2.01%, MRSH has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: JPM vs MRSH
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Marsh & McLennan Companies, Inc. (MRSH) has the higher forward dividend yield at 2.01%, versus 1.99% for JPMorgan Chase & Co. (JPM).
- As of Oct 24, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and MRSH's A (85/100).
- By SmarterDividends' count as of Oct 24, 2026, JPM has raised its dividend for 15 consecutive years and MRSH for 16.
- As of Oct 24, 2026, JPM pays out 26% of its earnings as dividends and MRSH pays out 44%.
- As of Oct 24, 2026, JPM's fair-value estimate is 10% above its share price and MRSH's fair-value estimate is 23% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs MRSH: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/jpm-vs-mrsh
| Metric | JPM | MRSH |
|---|---|---|
| Forward yield | 1.99% | 2.01% |
| Annual dividend | $6.60 | $3.96 |
| Payout ratio | 26% | 44% |
| Years of growth | 15 yr | 16 yr |
| 5-yr dividend growth | 9.0% | 13.3% |
| 5-yr total return | 109% | 20% |
| Dividend safety score | 82 (A) | 85 (A) |
| Fair value estimate | $364.60 | $151.88 |
| Upside to fair value | +10% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $880.5B | $94.2B |
| P/E ratio | 13.9 | 23.6 |
Higher yield
MRSH
2.01%
Safer dividend
MRSH
Grade A
Faster growth
MRSH
13.3%
Better value
JPM
+10% upside
JPM vs MRSH — FAQ
Is JPM or MRSH a better dividend stock?
JPM and MRSH are closely matched. MRSH has the higher yield; MRSH scores better on safety.
Which has a higher dividend yield, JPM or MRSH?
MRSH has the higher forward dividend yield at 2.01%, versus 1.99% for JPM.
Is JPM or MRSH safer?
MRSH has the higher dividend-safety score (85/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or MRSH better value right now?
As of Oct 24, 2026, JPM looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For MRSH, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.