JPM vs ZION: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JPM and ZION are closely matched. ZION offers the higher yield at 3.03%, ZION has the higher dividend-safety score, and ZION looks like the better value (its fair-value estimate is 91% above its share price).
Key facts: JPM vs ZION
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Zions Bancorporation, National Association (ZION) has the higher forward dividend yield at 3.03%, versus 1.94% for JPMorgan Chase & Co. (JPM).
- As of Oct 18, 2026, SmarterDividends grades JPM's dividend safety A (82/100) and ZION's A (90/100).
- By SmarterDividends' count as of Oct 18, 2026, JPM has raised its dividend for 15 consecutive years and ZION for 13.
- As of Oct 18, 2026, JPM pays out 26% of its earnings as dividends and ZION pays out 23%.
- As of Oct 18, 2026, JPM's fair-value estimate is 7% above its share price and ZION's fair-value estimate is 91% above its share price, so ZION looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JPM vs ZION: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jpm-vs-zion
| Metric | JPM | ZION |
|---|---|---|
| Forward yield | 1.94% | 3.03% |
| Annual dividend | $6.60 | $1.92 |
| Payout ratio | 26% | 23% |
| Years of growth | 15 yr | 13 yr |
| 5-yr dividend growth | 9.0% | 5.3% |
| 5-yr total return | 114% | 0% |
| Dividend safety score | 82 (A) | 90 (A) |
| Fair value estimate | $364.60 | $120.84 |
| Upside to fair value | +7% | +91% |
| Frequency | quarterly | quarterly |
| Market cap | $902.2B | $9.2B |
| P/E ratio | 14.3 | 8.1 |
Higher yield
ZION
3.03%
Safer dividend
ZION
Grade A
Faster growth
JPM
9.0%
Better value
ZION
+91% upside
JPM vs ZION — FAQ
Is JPM or ZION a better dividend stock?
JPM and ZION are closely matched. ZION has the higher yield; ZION scores better on safety.
Which has a higher dividend yield, JPM or ZION?
ZION has the higher forward dividend yield at 3.03%, versus 1.94% for JPM.
Is JPM or ZION safer?
ZION has the higher dividend-safety score (90/100 vs 82/100), reflecting stronger payout coverage and dividend-growth history.
Is JPM or ZION better value right now?
As of Oct 18, 2026, ZION looks like the better value: its fair-value estimate is 91% 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.