SmarterDividends

JPM vs SCHW: Which Is the Better Dividend Stock?

As of September 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. JPM offers the higher yield at 1.89%, SCHW has the higher dividend-safety score, and JPM trades at the larger discount to fair value (+81%).

MetricJPMSCHW
Forward yield1.89%1.22%
Annual dividend$6.60$1.28
Payout ratio26%21%
Years of growth15 yr1 yr
5-yr dividend growth9.0%8.4%
5-yr total return106%28%
Dividend safety score82 (A)95 (A)
Fair value estimate$632.41$148.95
Upside to fair value+81%+42%
Frequencyquarterlyquarterly
Market cap$929.5B$182.0B
P/E ratio15.019.2

Higher yield

JPM

1.89%

Safer dividend

SCHW

Grade A

Faster growth

JPM

9.0%

Better value

JPM

+81% upside

JPM vs SCHW — FAQ

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