JPM vs RGA: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM and RGA are closely matched. JPM offers the higher yield at 1.94%, RGA 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 RGA
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, JPMorgan Chase & Co. (JPM) has the higher forward dividend yield at 1.94%, versus 1.47% for Reinsurance Group of America, Incorporated (RGA).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and RGA's A (94/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and RGA for 16.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and RGA pays out 16%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and RGA's fair-value estimate is 23% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs RGA: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-rga
| Metric | JPM | RGA |
|---|---|---|
| Forward yield | 1.94% | 1.47% |
| Annual dividend | $6.60 | $3.92 |
| Payout ratio | 26% | 16% |
| Years of growth | 15 yr | 16 yr |
| 5-yr dividend growth | 9.0% | 5.4% |
| 5-yr total return | 114% | 181% |
| Dividend safety score | 82 (A) | 94 (A) |
| Fair value estimate | $364.60 | $206.23 |
| Upside to fair value | +7% | -23% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $17.4B |
| P/E ratio | 14.3 | 11.7 |
Higher yield
JPM
1.94%
Safer dividend
RGA
Grade A
Faster growth
JPM
9.0%
Better value
JPM
+7% upside
JPM vs RGA — FAQ
Is JPM or RGA a better dividend stock?
JPM and RGA are closely matched. JPM has the higher yield; RGA scores better on safety.
Which has a higher dividend yield, JPM or RGA?
JPM has the higher forward dividend yield at 1.94%, versus 1.47% for RGA.
Is JPM or RGA safer?
RGA has the higher dividend-safety score (94/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or RGA 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 RGA, its fair-value estimate is 23% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.