SmarterDividends

JPM vs SMFG: Which Is the Better Dividend Stock?

As of Nov 8, 2026, JPM and SMFG are closely matched. SMFG offers the higher yield at 2.54%, JPM has the higher dividend-safety score, and SMFG looks like the better value (its fair-value estimate is 10% above its share price).

Key facts: JPM vs SMFG

Data as of · Source: SmarterDividends data

  • As of Nov 8, 2026, Sumitomo Mitsui Financial Group, Inc. (SMFG) has the higher forward dividend yield at 2.54%, versus 1.97% for JPMorgan Chase & Co. (JPM).
  • By SmarterDividends' count as of Nov 8, 2026, JPM has raised its dividend for 15 consecutive years and SMFG for 1.
  • As of Nov 8, 2026, JPM pays out 26% of its earnings as dividends and SMFG pays out 34%.
  • As of Nov 8, 2026, JPM's fair-value estimate is 13% below its share price and SMFG's fair-value estimate is 10% above its share price, so SMFG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs SMFG: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/jpm-vs-smfg

MetricJPMSMFG
Forward yield1.97%2.54%
Annual dividend$6.60$0.59
Payout ratio26%34%
Years of growth15 yr1 yr
5-yr dividend growth9.0%—
5-yr total return111%311%
Dividend safety score86 (A)—
Fair value estimate$290.88$25.71
Upside to fair value-13%+10%
Frequencyquarterlysemiannual
Market cap$888.3B$146.2B
P/E ratio14.013.5

Higher yield

SMFG

2.54%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

SMFG

+10% upside

JPM vs SMFG — FAQ

Is JPM or SMFG a better dividend stock?

JPM and SMFG are closely matched. SMFG has the higher yield; JPM scores better on safety.

Which has a higher dividend yield, JPM or SMFG?

SMFG has the higher forward dividend yield at 2.54%, versus 1.97% for JPM.

Is JPM or SMFG safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is JPM or SMFG better value right now?

As of Nov 8, 2026, SMFG looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For JPM, its fair-value estimate is 13% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.