SmarterDividends
JPM

JPMorgan Chase & Co.

JPM

Financial Services · Banks - Diversified · Stock · quarterly payer

$339.72

Fairly valued · +7% Add to Portfolio

Forward Yield

1.94%

Annual Dividend

$6.60

Payout Ratio

26%

5-Yr Growth

9.0%

Ex-Date

Oct 6, 2026

Frequency

Quarterly

Key facts about JPM's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, JPMorgan Chase & Co. (JPM) has a forward dividend yield of 1.94%, based on an annual dividend of $6.60 per share and a share price of $339.72.
  • As of Oct 19, 2026, JPM's dividend safety grade from SmarterDividends is A (82 out of 100), which rates the dividend as very safe.
  • By SmarterDividends' count, JPMorgan Chase & Co. (JPM) has raised its dividend for 15 consecutive years as of Oct 19, 2026.
  • JPM last cut its regular dividend in 2009.
  • JPM's most recent ex-dividend date was Oct 6, 2026, for a dividend of $1.65 per share.
  • As of Oct 19, 2026, JPM pays out 26% of its trailing 12-month earnings as dividends (its payout ratio).
  • JPM's dividend has grown at an average rate of 9.0% a year over the past five years.
  • As of Oct 19, 2026, JPM's 1.94% yield is 22% below its five-year average yield of 2.49%.
  • As of Oct 19, 2026, SmarterDividends' blended fair-value estimate for JPM is $364.60 per share, 7% above the $339.72 share price, so JPM screens as fairly valued.
  • JPMorgan Chase & Co. (JPM) pays its dividend quarterly, 4 times a year.
  • JPMorgan Chase & Co. (JPM) has raised its regular dividend 32 times and cut it 2 times across the 172 payments on record since 1984. Its most recent change was a 10.0% increase to $1.65 per share, going ex-dividend on Oct 6, 2026. The last cut went ex-dividend on Apr 2, 2009.
Cite this page

SmarterDividends, "JPM Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 19, 2026, https://smarterdividends.com/stocks/JPM

Summary

As of Oct 19, 2026, JPMorgan Chase & Co. (JPM) yields 1.94% ($6.60 a year per share), has a dividend safety grade of A (82/100) and has 15 consecutive years of dividend increases on record.

Is JPM a good dividend stock?

Yes

JPMorgan Chase & Co. (JPM) pays a quarterly dividend yielding 1.94% ($6.60/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • 15 consecutive years of dividend growth
  • Comfortable payout ratio (26%)
  • Strong 9.0% 5-yr dividend growth
  • 114% total price return over 5 years
  • Top-tier dividend safety score

Risks

  • Cut its dividend in 2009

Key Data

Dividend Yield
1.94%
Payout Ratio
26%
Annual Dividend
$6.60
5-Yr Avg Growth
9.0%
Ex-Dividend Date
Oct 6, 2026
Years of Growth
15
Frequency
quarterly
Beta
1.01
Market Cap
$902.2B
P/E Ratio
14.3
5-Yr Total Return
114%
52-Week Range
$279.10 – $366.50
Dividend Safety
A · 82/100
Ever Cut?
Yes (2009)

JPM dividend raises and cuts

JPMorgan Chase & Co. (JPM) has raised its regular dividend 32 times and cut it 2 times across the 172 payments on record since 1984. Its most recent change was a 10.0% increase to $1.65 per share, going ex-dividend on Oct 6, 2026. The last cut went ex-dividend on Apr 2, 2009.

Ex-dateChangeOld → newMove
Oct 6, 2026Raise$1.50 → $1.65+10.0%
Oct 6, 2025Raise$1.40 → $1.50+7.1%
Apr 4, 2025Raise$1.25 → $1.40+12.0%
Oct 4, 2024Raise$1.15 → $1.25+8.7%
Apr 4, 2024Raise$1.05 → $1.15+9.5%
Oct 5, 2023Raise$1.00 → $1.05+5.0%
Oct 5, 2021Raise$0.900 → $1.00+11.1%
Oct 3, 2019Raise$0.800 → $0.900+12.5%
Oct 4, 2018Raise$0.560 → $0.800+42.9%
Oct 5, 2017Raise$0.500 → $0.560+12.0%
Apr 4, 2017Raise$0.480 → $0.500+4.2%
Jul 1, 2016Raise$0.440 → $0.480+9.1%
Show all 34 changes since 1985
Ex-dateChangeOld → newMove
Jul 1, 2015Raise$0.400 → $0.440+10.0%
Jul 1, 2014Raise$0.380 → $0.400+5.3%
Jul 2, 2013Raise$0.300 → $0.380+26.7%
Apr 3, 2012Raise$0.250 → $0.300+20.0%
Apr 4, 2011Raise$0.0500 → $0.250+400.0%
Apr 2, 2009Cut$0.380 → $0.0500−86.8%
Jul 3, 2007Raise$0.340 → $0.380+11.8%
Apr 4, 2001Raise$0.320 → $0.340+6.3%
Apr 4, 2000Raise$0.273 → $0.320+17.1%
Apr 1, 1999Raise$0.240 → $0.273+13.9%
Apr 2, 1998Raise$0.207 → $0.240+16.1%
Apr 2, 1997Raise$0.187 → $0.207+10.7%
Jul 2, 1996Raise$0.167 → $0.187+12.0%
Jul 3, 1995Raise$0.147 → $0.167+13.6%
Sep 30, 1994Raise$0.127 → $0.147+15.8%
Dec 31, 1993Raise$0.110 → $0.127+15.2%
Mar 31, 1993Raise$0.100 → $0.110+10.0%
Mar 31, 1992Raise$0.0833 → $0.100+20.0%
Dec 10, 1990Cut$0.227 → $0.0833−63.2%
Mar 9, 1987Raise$0.217 → $0.227+4.6%
Mar 10, 1986Raise$0.207 → $0.217+4.8%
Mar 11, 1985Raise$0.197 → $0.207+5.1%
Every JPM payment →Download every raise and cut (CSV)
JPM ex-dividend date & scheduleNext ex-date Oct 6, 2026 · full ex-dividend historyView →JPM dividend historyEvery payment, totals by year, raises and cutsView →

Frequently Asked Questions

Is JPM a good dividend stock?

Yes. JPMorgan Chase & Co. (JPM) pays a quarterly dividend yielding 1.94% ($6.60/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is JPM undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, JPM's fair value is about $364.60 versus a $339.72 share price — so it looks fairly valued (+7% vs. fair value).

Is JPM's dividend safe?

JPM has a dividend-safety grade of A (82/100), based on its payout coverage, free-cash-flow, 15-year growth streak, a dividend cut in 2009, debt and yield-versus-history.

What is JPM's fair value?

Our blended fair-value estimate for JPM is about $364.60 per share, roughly 7% above the current $339.72 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is JPM a buy, hold, or sell?

We don't issue formal ratings, but on the data JPM screens as "yes" and fairly valued. JPMorgan Chase & Co. (JPM) pays a quarterly dividend yielding 1.94% ($6.60/yr), with 15 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will JPM cut its dividend?

JPM earns a dividend-safety grade of A (82/100), and has cut its dividend before (last in 2009). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does JPM pay a dividend?

Yes. JPMorgan Chase & Co. pays a quarterly dividend of about $6.60 per share annually, a forward yield of roughly 1.94%.

What is JPM's dividend yield?

As of Oct 19, 2026, JPM's forward dividend yield is 1.94%, based on a $6.60 annual dividend and a $339.72 share price.

What is JPM's dividend per share?

As of Oct 19, 2026, JPM pays $6.60 per share per year, distributed on a quarterly basis.

What is JPM's dividend payout ratio?

As of Oct 19, 2026, JPM's payout ratio is 26% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.

How many years has JPM grown its dividend?

As of Oct 19, 2026, JPM has increased its dividend for 15 consecutive years.

When is the next JPM ex-dividend date?

As of Oct 19, 2026, JPM's next ex-dividend date hasn't been announced. The most recent was Oct 6, 2026, for $1.65 per share.

JPM Dividend News

JPM
IncreaseJPM·Oct 18, 2026

JPMorgan Raises Quarterly Dividend 10.0% to $1.65

JPMorgan’s quarterly dividend rises to $1.65, extending 15 years of growth, while a 26% earnings payout ratio supports an A safety grade.

Income Calculator

At $6.60 / yr per share

Per payment (quarterly)$165.00
Annual$660.00
Monthly avg$55.00

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