JPM vs SPXX: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SPXX offers the higher yield at 9.10%, JPM has the higher dividend-safety score, and SPXX looks like the better value (its fair-value estimate is 103% above its share price).
Key facts: JPM vs SPXX
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) has the higher forward dividend yield at 9.10%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and SPXX's B (70/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and SPXX for 2.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and SPXX pays out 37%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and SPXX's fair-value estimate is 103% above its share price, so SPXX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs SPXX: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-spxx
| Metric | JPM | SPXX |
|---|---|---|
| Forward yield | 1.94% | 9.10% |
| Annual dividend | $6.60 | $1.69 |
| Payout ratio | 26% | 37% |
| Years of growth | 15 yr | 2 yr |
| 5-yr dividend growth | 9.0% | 6.2% |
| 5-yr total return | 114% | 4% |
| Dividend safety score | 82 (A) | 70 (B) |
| Fair value estimate | $364.60 | $37.60 |
| Upside to fair value | +7% | +103% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $332.9M |
| P/E ratio | 14.3 | 4.7 |
Higher yield
SPXX
9.10%
Safer dividend
JPM
Grade A
Faster growth
JPM
9.0%
Better value
SPXX
+103% upside
JPM vs SPXX — FAQ
Is JPM or SPXX a better dividend stock?
On the data, JPM wins more head-to-head categories (6 vs 2). SPXX offers the higher yield (9.10%), 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 SPXX?
SPXX has the higher forward dividend yield at 9.10%, versus 1.94% for JPM.
Is JPM or SPXX safer?
JPM has the higher dividend-safety score (82/100 vs 70/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or SPXX better value right now?
As of Oct 18, 2026, SPXX looks like the better value: its fair-value estimate is 103% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.