SmarterDividends

JPM vs NML: Which Is the Better Dividend Stock?

As of September 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NML offers the higher yield at 8.04%, JPM has the higher dividend-safety score, and JPM trades at the larger discount to fair value (+81%).

MetricJPMNML
Forward yield1.87%8.04%
Annual dividend$6.60$0.84
Payout ratio26%30%
Years of growth15 yr0 yr
5-yr dividend growth9.0%35.6%
5-yr total return106%97%
Dividend safety score82 (A)68 (B)
Fair value estimate$632.41$16.84
Upside to fair value+81%+59%
Frequencyquarterlymonthly
Market cap$903.8B$583.6M
P/E ratio14.64.3

Higher yield

NML

8.04%

Safer dividend

JPM

Grade A

Faster growth

NML

35.6%

Better value

JPM

+81% upside

JPM vs NML — FAQ

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