SmarterDividends

JPM vs NMAI: Which Is the Better Dividend Stock?

As of Nov 8, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. NMAI offers the higher yield at 10.55%, JPM has the higher dividend-safety score, and NMAI looks like the better value (its fair-value estimate is 133% above its share price).

Key facts: JPM vs NMAI

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Nuveen Multi-Asset Income Fund (NMAI) has the higher forward dividend yield at 10.55%, versus 1.97% for JPMorgan Chase & Co. (JPM).
  • As of Nov 8, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and NMAI's D (49/100).
  • By SmarterDividends' count as of Nov 8, 2026, JPM has raised its dividend for 15 consecutive years and NMAI for 0.
  • As of Nov 8, 2026, JPM pays out 26% of its earnings as dividends and NMAI pays out 52%.
  • As of Nov 8, 2026, JPM's fair-value estimate is 13% below its share price and NMAI's fair-value estimate is 133% above its share price, so NMAI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs NMAI: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jpm-vs-nmai

MetricJPMNMAI
Forward yield1.97%10.55%
Annual dividend$6.60$1.39
Payout ratio26%52%
Years of growth15 yr0 yr
5-yr dividend growth9.0%—
5-yr total return111%-26%
Dividend safety score86 (A)49 (D)
Fair value estimate$290.88$30.78
Upside to fair value-13%+133%
Frequencyquarterlymonthly
Market cap$888.3B$441.2M
P/E ratio14.04.8

Higher yield

NMAI

10.55%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

NMAI

+133% upside

JPM vs NMAI — FAQ

Is JPM or NMAI a better dividend stock?

On the data, JPM wins more head-to-head categories (5 vs 2). NMAI offers the higher yield (10.55%), 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 NMAI?

NMAI has the higher forward dividend yield at 10.55%, versus 1.97% for JPM.

Is JPM or NMAI safer?

JPM has the higher dividend-safety score (86/100 vs 49/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or NMAI better value right now?

As of Nov 8, 2026, NMAI looks like the better value: its fair-value estimate is 133% above its share price (undervalued). For JPM, its fair-value estimate is 13% below its share price.

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