SmarterDividends

JPM vs TROW: Which Is the Better Dividend Stock?

As of Nov 9, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TROW offers the higher yield at 4.80%, TROW has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 13% below its share price).

Key facts: JPM vs TROW

Data as of · Source: SmarterDividends data

  • As of Nov 9, 2026, T. Rowe Price Group, Inc. (TROW) has the higher forward dividend yield at 4.80%, versus 1.97% for JPMorgan Chase & Co. (JPM).
  • As of Nov 9, 2026, SmarterDividends grades JPM's dividend safety A (86/100) and TROW's A (96/100).
  • By SmarterDividends' count as of Nov 9, 2026, JPM has raised its dividend for 15 consecutive years and TROW for 39.
  • As of Nov 9, 2026, JPM pays out 26% of its earnings as dividends and TROW pays out 52%.
  • As of Nov 9, 2026, JPM's fair-value estimate is 13% below its share price and TROW's fair-value estimate is 42% below its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs TROW: Dividend Yield, Safety & Value Compared," updated Nov 9, 2026, https://smarterdividends.com/compare/jpm-vs-trow

MetricJPMTROW
Forward yield1.97%4.80%
Annual dividend$6.60$5.20
Payout ratio26%52%
Years of growth15 yr39 yr
5-yr dividend growth9.0%7.1%
5-yr total return111%-46%
Dividend safety score86 (A)96 (A)
Fair value estimate$290.88$63.17
Upside to fair value-13%-42%
Frequencyquarterlyquarterly
Market cap$888.3B$23.1B
P/E ratio14.011.0

Higher yield

TROW

4.80%

Safer dividend

TROW

Grade A

Faster growth

JPM

9.0%

Better value

JPM

-13% upside

JPM vs TROW — FAQ

Is JPM or TROW a better dividend stock?

On the data, JPM wins more head-to-head categories (5 vs 3). TROW offers the higher yield (4.80%), while TROW 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 TROW?

TROW has the higher forward dividend yield at 4.80%, versus 1.97% for JPM.

Is JPM or TROW safer?

TROW has the higher dividend-safety score (96/100 vs 86/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or TROW better value right now?

As of Nov 9, 2026, JPM looks like the better value: its fair-value estimate is 13% below its share price (fairly valued). For TROW, its fair-value estimate is 42% below its share price.

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