JPM vs MUFG: Which Is the Better Dividend Stock?
As of September 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MUFG offers the higher yield at 2.33%, JPM has the higher dividend-safety score, and JPM trades at the larger discount to fair value (+81%).
| Metric | JPM | MUFG |
|---|---|---|
| Forward yield | 1.89% | 2.33% |
| Annual dividend | $6.60 | $0.54 |
| Payout ratio | 26% | 35% |
| Years of growth | 15 yr | 4 yr |
| 5-yr dividend growth | 9.0% | 18.3% |
| 5-yr total return | 106% | 320% |
| Dividend safety score | 82 (A) | 63 (C) |
| Fair value estimate | $632.41 | $22.94 |
| Upside to fair value | +81% | -1% |
| Frequency | quarterly | annual |
| Market cap | $929.5B | $260.3B |
| P/E ratio | 15.0 | 15.2 |
Higher yield
MUFG
2.33%
Safer dividend
JPM
Grade A
Faster growth
MUFG
18.3%
Better value
JPM
+81% upside
JPM vs MUFG — FAQ
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