JPM vs SBI: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SBI offers the higher yield at 6.95%, JPM has the higher dividend-safety score, and SBI looks like the better value (its fair-value estimate is 108% above its share price).
Key facts: JPM vs SBI
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Western Asset Intermediate Muni Fund Inc. (SBI) has the higher forward dividend yield at 6.95%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and SBI's C (64/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and SBI for 3.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and SBI pays out 83%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and SBI's fair-value estimate is 108% above its share price, so SBI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs SBI: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-sbi
| Metric | JPM | SBI |
|---|---|---|
| Forward yield | 1.94% | 6.95% |
| Annual dividend | $6.60 | $0.50 |
| Payout ratio | 26% | 83% |
| Years of growth | 15 yr | 3 yr |
| 5-yr dividend growth | 9.0% | 11.8% |
| 5-yr total return | 114% | -26% |
| Dividend safety score | 82 (A) | 64 (C) |
| Fair value estimate | $364.60 | $15.07 |
| Upside to fair value | +7% | +108% |
| Frequency | quarterly | monthly |
| Market cap | $902.2B | $102.1M |
| P/E ratio | 14.3 | 11.9 |
Higher yield
SBI
6.95%
Safer dividend
JPM
Grade A
Faster growth
SBI
11.8%
Better value
SBI
+108% upside
JPM vs SBI — FAQ
Is JPM or SBI a better dividend stock?
On the data, JPM wins more head-to-head categories (5 vs 3). SBI offers the higher yield (6.95%), 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 SBI?
SBI has the higher forward dividend yield at 6.95%, versus 1.94% for JPM.
Is JPM or SBI safer?
JPM has the higher dividend-safety score (82/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or SBI better value right now?
As of Oct 18, 2026, SBI looks like the better value: its fair-value estimate is 108% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.