JPM vs RJF: Which Is the Better Dividend Stock?
As of Oct 31, 2026, JPM and RJF are closely matched. JPM offers the higher yield at 1.96%, RJF has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 8% above its share price).
Key facts: JPM vs RJF
Data as of · Source: SmarterDividends data
- As of Oct 31, 2026, JPMorgan Chase & Co. (JPM) has the higher forward dividend yield at 1.96%, versus 1.37% for Raymond James Financial, Inc. (RJF).
- As of Oct 31, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and RJF's A (99/100).
- By SmarterDividends' count as of Oct 31, 2026, JPM has raised its dividend for 15 consecutive years and RJF for 16.
- As of Oct 31, 2026, JPM pays out 26% of its earnings as dividends and RJF pays out 18%.
- As of Oct 31, 2026, JPM's fair-value estimate is 8% above its share price and RJF's fair-value estimate is 5% above its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs RJF: Dividend Yield, Safety & Value Compared," updated Oct 31, 2026, https://smarterdividends.com/compare/jpm-vs-rjf
| Metric | JPM | RJF |
|---|---|---|
| Forward yield | 1.96% | 1.37% |
| Annual dividend | $6.60 | $2.16 |
| Payout ratio | 26% | 18% |
| Years of growth | 15 yr | 16 yr |
| 5-yr dividend growth | 9.0% | 15.2% |
| 5-yr total return | 112% | 60% |
| Dividend safety score | 82 (A) | 99 (A) |
| Fair value estimate | $364.60 | $164.38 |
| Upside to fair value | +8% | +5% |
| Frequency | quarterly | quarterly |
| Market cap | $895.0B | $30.2B |
| P/E ratio | 14.1 | 13.2 |
Higher yield
JPM
1.96%
Safer dividend
RJF
Grade A
Faster growth
RJF
15.2%
Better value
JPM
+8% upside
JPM vs RJF — FAQ
Is JPM or RJF a better dividend stock?
JPM and RJF are closely matched. JPM has the higher yield; RJF scores better on safety.
Which has a higher dividend yield, JPM or RJF?
JPM has the higher forward dividend yield at 1.96%, versus 1.37% for RJF.
Is JPM or RJF safer?
RJF has the higher dividend-safety score (99/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or RJF better value right now?
As of Oct 31, 2026, JPM looks like the better value: its fair-value estimate is 8% above its share price (fairly valued). For RJF, its fair-value estimate is 5% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.