JPM vs MS: Which Is the Better Dividend Stock?
As of Oct 24, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. MS offers the higher yield at 2.56%, JPM 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 MS
Data as of · Source: SmarterDividends data
- As of Oct 24, 2026, Morgan Stanley (MS) has the higher forward dividend yield at 2.56%, versus 1.99% for JPMorgan Chase & Co. (JPM).
- As of Oct 24, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and MS's A (82/100).
- By SmarterDividends' count as of Oct 24, 2026, JPM has raised its dividend for 15 consecutive years and MS for 12.
- As of Oct 24, 2026, JPM pays out 26% of its earnings as dividends and MS pays out 32%.
- As of Oct 24, 2026, JPM's fair-value estimate is 10% above its share price and MS's fair-value estimate is 13% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs MS: Dividend Yield, Safety & Value Compared," updated Oct 24, 2026, https://smarterdividends.com/compare/jpm-vs-ms
| Metric | JPM | MS |
|---|---|---|
| Forward yield | 1.99% | 2.56% |
| Annual dividend | $6.60 | $4.60 |
| Payout ratio | 26% | 32% |
| Years of growth | 15 yr | 12 yr |
| 5-yr dividend growth | 9.0% | 22.4% |
| 5-yr total return | 109% | 89% |
| Dividend safety score | 82 (A) | 82 (A) |
| Fair value estimate | $364.60 | $156.77 |
| Upside to fair value | +10% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $880.5B | $281.9B |
| P/E ratio | 13.9 | 14.6 |
Higher yield
MS
2.56%
Safer dividend
JPM
Grade A
Faster growth
MS
22.4%
Better value
JPM
+10% upside
JPM vs MS — FAQ
Is JPM or MS a better dividend stock?
On the data, JPM wins more head-to-head categories (5 vs 2). MS offers the higher yield (2.56%), 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 MS?
MS has the higher forward dividend yield at 2.56%, versus 1.99% for JPM.
Is JPM or MS safer?
JPM has the higher dividend-safety score (82/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or MS 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 MS, its fair-value estimate is 13% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.