JPM vs MTB-PJ: Which Is the Better Dividend Stock?
As of Nov 8, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MTB-PJ offers the higher yield at 7.43%, JPM has the higher dividend-safety score, and MTB-PJ looks like the better value (its fair-value estimate is 20% above its share price).
Key facts: JPM vs MTB-PJ
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, M&T Bank Corporation (MTB-PJ) has the higher forward dividend yield at 7.43%, versus 1.97% for JPMorgan Chase & Co. (JPM).
- As of Nov 8, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and MTB-PJ's C (50/100).
- By SmarterDividends' count as of Nov 8, 2026, JPM has raised its dividend for 15 consecutive years and MTB-PJ for 0.
- As of Nov 8, 2026, JPM's fair-value estimate is 13% below its share price and MTB-PJ's fair-value estimate is 20% above its share price, so MTB-PJ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs MTB-PJ: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jpm-vs-mtb-pj
| Metric | JPM | MTB-PJ |
|---|---|---|
| Forward yield | 1.97% | 7.43% |
| Annual dividend | $6.60 | $1.88 |
| Payout ratio | 26% | — |
| Years of growth | 15 yr | 0 yr |
| 5-yr dividend growth | 9.0% | — |
| 5-yr total return | 111% | — |
| Dividend safety score | 86 (A) | 50 (C) |
| Fair value estimate | $290.88 | $30.34 |
| Upside to fair value | -13% | +20% |
| Frequency | quarterly | quarterly |
| Market cap | $888.3B | — |
| P/E ratio | 14.0 | — |
Higher yield
MTB-PJ
7.43%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
MTB-PJ
+20% upside
JPM vs MTB-PJ — FAQ
Is JPM or MTB-PJ a better dividend stock?
On the data, JPM wins more head-to-head categories (3 vs 2). MTB-PJ offers the higher yield (7.43%), 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 MTB-PJ?
MTB-PJ has the higher forward dividend yield at 7.43%, versus 1.97% for JPM.
Is JPM or MTB-PJ safer?
JPM has the higher dividend-safety score (86/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or MTB-PJ better value right now?
As of Nov 8, 2026, MTB-PJ looks like the better value: its fair-value estimate is 20% above its share price (undervalued). For JPM, 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.