SmarterDividends

JPM vs VOYA: Which Is the Better Dividend Stock?

As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. VOYA offers the higher yield at 2.00%, VOYA has the higher dividend-safety score, and JPM looks like the better value (its fair-value estimate is 7% above its share price).

Key facts: JPM vs VOYA

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Voya Financial, Inc. (VOYA) has the higher forward dividend yield at 2.00%, versus 1.94% for JPMorgan Chase & Co. (JPM).
  • As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and VOYA's A (87/100).
  • By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and VOYA for 7.
  • As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and VOYA pays out 31%.
  • As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and VOYA's fair-value estimate is 2% above its share price, so JPM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricJPMVOYA
Forward yield1.94%2.00%
Annual dividend$6.60$1.88
Payout ratio26%31%
Years of growth15 yr7 yr
5-yr dividend growth9.0%24.8%
5-yr total return114%51%
Dividend safety score82 (A)87 (A)
Fair value estimate$364.60$96.21
Upside to fair value+7%+2%
Frequencyquarterlyquarterly
Market cap$902.2B$8.5B
P/E ratio14.315.8

Higher yield

VOYA

2.00%

Safer dividend

VOYA

Grade A

Faster growth

VOYA

24.8%

Better value

JPM

+7% upside

JPM vs VOYA — FAQ

Is JPM or VOYA a better dividend stock?

On the data, JPM wins more head-to-head categories (5 vs 3). VOYA offers the higher yield (2.00%), while VOYA 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 VOYA?

VOYA has the higher forward dividend yield at 2.00%, versus 1.94% for JPM.

Is JPM or VOYA safer?

VOYA has the higher dividend-safety score (87/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.

Is JPM or VOYA better value right now?

As of Oct 18, 2026, JPM looks like the better value: its fair-value estimate is 7% above its share price (fairly valued). For VOYA, its fair-value estimate is 2% above its share price.

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