SmarterDividends

JPM vs NCA: Which Is the Better Dividend Stock?

As of Nov 5, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. NCA offers the higher yield at 4.22%, JPM has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 7% above its share price).

Key facts: JPM vs NCA

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Nuveen California Municipal Income Fund (NCA) has the higher forward dividend yield at 4.22%, versus 1.87% for JPMorgan Chase & Co. (JPM).
  • As of Nov 5, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and NCA's C (65/100).
  • By SmarterDividends' count as of Nov 5, 2026, JPM has raised its dividend for 15 consecutive years and NCA for 0.
  • As of Nov 5, 2026, JPM pays out 26% of its earnings as dividends and NCA pays out 99%.
  • As of Nov 5, 2026, JPM's fair-value estimate is 7% above its share price and NCA's fair-value estimate is 40% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs NCA: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/jpm-vs-nca

MetricJPMNCA
Forward yield1.87%4.22%
Annual dividend$6.60$0.36
Payout ratio26%99%
Years of growth15 yr0 yr
5-yr dividend growth9.0%1.2%
5-yr total return112%-16%
Dividend safety score82 (A)65 (C)
Fair value estimate$364.60$5.10
Upside to fair value+7%-40%
Frequencyquarterlymonthly
Market cap$906.8B—
P/E ratio14.324.2

Higher yield

NCA

4.22%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

JPM

+7% upside

JPM vs NCA — FAQ

Is JPM or NCA a better dividend stock?

On the data, JPM wins more head-to-head categories (7 vs 1). NCA offers the higher yield (4.22%), 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 NCA?

NCA has the higher forward dividend yield at 4.22%, versus 1.87% for JPM.

Is JPM or NCA safer?

JPM has the higher dividend-safety score (82/100 vs 65/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or NCA better value right now?

As of Nov 5, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For NCA, its fair-value estimate is 40% below its share price.

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