JPM vs NZF: Which Is the Better Dividend Stock?
As of Nov 8, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NZF offers the higher yield at 8.32%, JPM has the higher dividend-safety score, and NZF looks like the better value (its fair-value estimate is 54% above its share price).
Key facts: JPM vs NZF
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Nuveen Municipal Credit Income Fund (NZF) has the higher forward dividend yield at 8.32%, versus 1.97% for JPMorgan Chase & Co. (JPM).
- As of Nov 8, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and NZF's C (53/100).
- By SmarterDividends' count as of Nov 8, 2026, JPM has raised its dividend for 15 consecutive years and NZF for 2.
- As of Nov 8, 2026, JPM pays out 26% of its earnings as dividends and NZF pays out 105%.
- As of Nov 8, 2026, JPM's fair-value estimate is 13% below its share price and NZF's fair-value estimate is 54% above its share price, so NZF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs NZF: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jpm-vs-nzf
| Metric | JPM | NZF |
|---|---|---|
| Forward yield | 1.97% | 8.32% |
| Annual dividend | $6.60 | $0.95 |
| Payout ratio | 26% | 105% |
| Years of growth | 15 yr | 2 yr |
| 5-yr dividend growth | 9.0% | 4.6% |
| 5-yr total return | 111% | -33% |
| Dividend safety score | 86 (A) | 53 (C) |
| Fair value estimate | $290.88 | $17.71 |
| Upside to fair value | -13% | +54% |
| Frequency | quarterly | monthly |
| Market cap | $888.3B | $2.3B |
| P/E ratio | 14.0 | 12.6 |
Higher yield
NZF
8.32%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
NZF
+54% upside
JPM vs NZF — FAQ
Is JPM or NZF a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). NZF offers the higher yield (8.32%), 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 NZF?
NZF has the higher forward dividend yield at 8.32%, versus 1.97% for JPM.
Is JPM or NZF safer?
JPM has the higher dividend-safety score (86/100 vs 53/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or NZF better value right now?
As of Nov 8, 2026, NZF looks like the better value: its fair-value estimate is 54% above its share price (undervalued). For JPM, its fair-value estimate is 13% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.