JPM vs PAI: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. PAI offers the higher yield at 5.54%, JPM has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 7% above its share price).
Key facts: JPM vs PAI
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Western Asset Investment Grade Income Fund Inc. (PAI) has the higher forward dividend yield at 5.54%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and PAI's B (66/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and PAI for 3.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and PAI pays out 69%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and PAI's fair-value estimate is 12% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs PAI: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-pai
| Metric | JPM | PAI |
|---|---|---|
| Forward yield | 1.94% | 5.54% |
| Annual dividend | $6.60 | $0.63 |
| Payout ratio | 26% | 69% |
| Years of growth | 15 yr | 3 yr |
| 5-yr dividend growth | 9.0% | 0.8% |
| 5-yr total return | 114% | -31% |
| Dividend safety score | 82 (A) | 66 (B) |
| Fair value estimate | $364.60 | $10.04 |
| Upside to fair value | +7% | -12% |
| Frequency | quarterly | monthly |
| Market cap | $902.2B | $108.2M |
| P/E ratio | 14.3 | 12.5 |
Higher yield
PAI
5.54%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
JPM vs PAI — FAQ
Is JPM or PAI a better dividend stock?
On the data, JPM wins more head-to-head categories (7 vs 1). PAI offers the higher yield (5.54%), 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 PAI?
PAI has the higher forward dividend yield at 5.54%, versus 1.94% for JPM.
Is JPM or PAI safer?
JPM has the higher dividend-safety score (82/100 vs 66/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or PAI better value right now?
As of Oct 18, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For PAI, its fair-value estimate is 12% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.