SmarterDividends

JPM vs VMO: 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. VMO offers the higher yield at 8.57%, JPM has the higher dividend-safety score, and VMO looks like the better value (its fair-value estimate is 27% above its share price).

Key facts: JPM vs VMO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Invesco Municipal Opportunity Trust (VMO) has the higher forward dividend yield at 8.57%, versus 1.94% for JPMorgan Chase & Co. (JPM).
  • As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and VMO's C (54/100).
  • By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and VMO for 2.
  • As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and VMO pays out 268%.
  • As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and VMO's fair-value estimate is 27% above its share price, so VMO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "JPM vs VMO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-vmo

MetricJPMVMO
Forward yield1.94%8.57%
Annual dividend$6.60$0.75
Payout ratio26%268%
Years of growth15 yr2 yr
5-yr dividend growth9.0%4.8%
5-yr total return114%-35%
Dividend safety score82 (A)54 (C)
Fair value estimate$364.60$11.09
Upside to fair value+7%+27%
Frequencyquarterlymonthly
Market cap$902.2B$590.1M
P/E ratio14.331.3

Higher yield

VMO

8.57%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

VMO

+27% upside

JPM vs VMO — FAQ

Is JPM or VMO a better dividend stock?

On the data, JPM wins more head-to-head categories (6 vs 2). VMO offers the higher yield (8.57%), 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 VMO?

VMO has the higher forward dividend yield at 8.57%, versus 1.94% for JPM.

Is JPM or VMO safer?

JPM has the higher dividend-safety score (82/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or VMO better value right now?

As of Oct 18, 2026, VMO looks like the better value: its fair-value estimate is 27% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.

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