SmarterDividends

JPM vs NRO: Which Is the Better Dividend Stock?

As of Nov 14, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NRO offers the higher yield at 12.32%, JPM has the higher dividend-safety score, and NRO looks like the better value (its fair-value estimate is 40% above its share price).

Key facts: JPM vs NRO

Data as of · Source: SmarterDividends data

  • As of Nov 14, 2026, Neuberger Berman Income Funds - Neuberger Real Estate Securities Income Fund Inc. (NRO) has the higher forward dividend yield at 12.32%, versus 1.93% for JPMorgan Chase & Co. (JPM).
  • As of Nov 14, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and NRO's C (59/100).
  • By SmarterDividends' count as of Nov 14, 2026, JPM has raised its dividend for 15 consecutive years and NRO for 1.
  • As of Nov 14, 2026, JPM pays out 26% of its earnings as dividends and NRO pays out 104%.
  • As of Nov 14, 2026, JPM's fair-value estimate is 16% below its share price and NRO's fair-value estimate is 40% above its share price, so NRO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs NRO: Dividend Yield, Safety & Value Compared," updated Nov 14, 2026, https://smarterdividends.com/compare/jpm-vs-nro

MetricJPMNRO
Forward yield1.93%12.32%
Annual dividend$6.60$0.37
Payout ratio26%104%
Years of growth15 yr1 yr
5-yr dividend growth9.0%-4.1%
5-yr total return118%-43%
Dividend safety score86 (A)59 (C)
Fair value estimate$290.88$3.74
Upside to fair value-16%+40%
Frequencyquarterlymonthly
Market cap$919.3B$169.2M
P/E ratio14.57.4

Higher yield

NRO

12.32%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

NRO

+40% upside

JPM vs NRO — FAQ

Is JPM or NRO a better dividend stock?

On the data, JPM wins more head-to-head categories (6 vs 2). NRO offers the higher yield (12.32%), 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 NRO?

NRO has the higher forward dividend yield at 12.32%, versus 1.93% for JPM.

Is JPM or NRO safer?

JPM has the higher dividend-safety score (86/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or NRO better value right now?

As of Nov 14, 2026, NRO looks like the better value: its fair-value estimate is 40% above its share price (undervalued). For JPM, its fair-value estimate is 16% below its share price.

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