JPM vs WAFD: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM and WAFD are closely matched. WAFD offers the higher yield at 3.71%, WAFD has the higher dividend-safety score, and WAFD looks like the better value (its fair-value estimate is 80% above its share price).
Key facts: JPM vs WAFD
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, WaFd, Inc. (WAFD) has the higher forward dividend yield at 3.71%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and WAFD's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and WAFD for 16.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and WAFD pays out 34%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and WAFD's fair-value estimate is 80% above its share price, so WAFD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs WAFD: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-wafd
| Metric | JPM | WAFD |
|---|---|---|
| Forward yield | 1.94% | 3.71% |
| Annual dividend | $6.60 | $1.08 |
| Payout ratio | 26% | 34% |
| Years of growth | 15 yr | 16 yr |
| 5-yr dividend growth | 9.0% | 4.2% |
| 5-yr total return | 114% | -10% |
| Dividend safety score | 82 (A) | 88 (A) |
| Fair value estimate | $364.60 | $52.56 |
| Upside to fair value | +7% | +80% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $2.2B |
| P/E ratio | 14.3 | 9.2 |
Higher yield
WAFD
3.71%
Safer dividend
WAFD
Grade A
Faster growth
JPM
9.0%
Better value
WAFD
+80% upside
JPM vs WAFD — FAQ
Is JPM or WAFD a better dividend stock?
JPM and WAFD are closely matched. WAFD has the higher yield; WAFD scores better on safety.
Which has a higher dividend yield, JPM or WAFD?
WAFD has the higher forward dividend yield at 3.71%, versus 1.94% for JPM.
Is JPM or WAFD safer?
WAFD has the higher dividend-safety score (88/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or WAFD better value right now?
As of Oct 18, 2026, WAFD looks like the better value: its fair-value estimate is 80% above its share price (undervalued). For JPM, its fair-value estimate is 7% above its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.