JPM vs NMAI: Which Is the Better Dividend Stock?
As of September 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. NMAI offers the higher yield at 9.82%, JPM has the higher dividend-safety score, and JPM trades at the larger discount to fair value (+81%).
| Metric | JPM | NMAI |
|---|---|---|
| Forward yield | 1.96% | 9.82% |
| Annual dividend | $6.60 | $1.39 |
| Payout ratio | 26% | 52% |
| Years of growth | 15 yr | 0 yr |
| 5-yr dividend growth | 9.0% | — |
| 5-yr total return | 106% | -21% |
| Dividend safety score | 82 (A) | 50 (C) |
| Fair value estimate | $632.41 | $17.33 |
| Upside to fair value | +81% | +23% |
| Frequency | quarterly | monthly |
| Market cap | $896.8B | $470.0M |
| P/E ratio | 14.5 | 5.1 |
Higher yield
NMAI
9.82%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+81% upside
JPM vs NMAI — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.


