SmarterDividends

JPM vs WDH: Which Is the Better Dividend Stock?

As of Oct 18, 2026, JPM (JPMorgan Chase & Co.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. WDH offers the higher yield at 5.94%, JPM has the higher dividend-safety score, and WDH looks like the better value (its fair-value estimate is 36% above its share price).

Key facts: JPM vs WDH

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Waterdrop Inc. (WDH) has the higher forward dividend yield at 5.94%, versus 1.94% for JPMorgan Chase & Co. (JPM).
  • By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and WDH for 0.
  • As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and WDH pays out 31%.
  • As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and WDH's fair-value estimate is 36% above its share price, so WDH looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricJPMWDH
Forward yield1.94%5.94%
Annual dividend$6.60$0.06
Payout ratio26%31%
Years of growth15 yr0 yr
5-yr dividend growth9.0%—
5-yr total return114%-33%
Dividend safety score82 (A)—
Fair value estimate$364.60$1.37
Upside to fair value+7%+36%
Frequencyquarterlysemiannual
Market cap$902.2B$362.9M
P/E ratio14.35.0

Higher yield

WDH

5.94%

Safer dividend

JPM

Grade A

Faster growth

JPM

9.0%

Better value

WDH

+36% upside

JPM vs WDH — FAQ

Is JPM or WDH a better dividend stock?

On the data, JPM wins more head-to-head categories (4 vs 2). WDH offers the higher yield (5.94%), 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 WDH?

WDH has the higher forward dividend yield at 5.94%, versus 1.94% for JPM.

Is JPM or WDH safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is JPM or WDH better value right now?

As of Oct 18, 2026, WDH looks like the better value: its fair-value estimate is 36% 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.