JPMorgan Equity Premium Income ETF
JEPIETF · ETF · monthly payer
Forward Yield
8.09%
Annual Dividend
$4.58
Payout Ratio
—
5-Yr Growth
-3.1%
Ex-Date
—
Frequency
Monthly
Summary
As of September 2026, JPMorgan Equity Premium Income ETF (JEPI) yields 8.09% ($4.58 per share annually), with a blended fair-value estimate of $73.67 — +30% upside, so it screens as undervalued. Dividend safety grade: C (62/100). 1 years of dividend growth.
Is JEPI a good dividend stock?
Yes, with caveatsJPMorgan Equity Premium Income ETF (JEPI) pays a monthly dividend yielding 8.09% ($4.58/yr), with 1 year of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2024
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 8.09%
- Payout Ratio
- —
- Annual Dividend
- $4.58
- 5-Yr Avg Growth
- -3.1%
- Ex-Dividend Date
- —
- Years of Growth
- 1
- Frequency
- monthly
- Beta
- —
- Market Cap
- —
- P/E Ratio
- 25.2
- 5-Yr Total Return
- -5%
- 52-Week Range
- $55.10 – $59.90
- Dividend Safety
- C · 62/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
JEPI Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+6%
5 Years
-5%
52-Week Range
$55.10 – $59.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JEPI worth?
Undervaluedlow confidenceOur blended fair-value estimate for JPMorgan Equity Premium Income ETF is $73.67 per share, versus a market price of $56.65. That implies 30% of upside — a margin of safety of about 23%.
Fair Value
$73.67
Current Price
$56.65
Upside
+30%
Margin of Safety
23%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Assumptions: 9.3% discount rate (CAPM), 4.0% stage-1 growth, 2.5% terminal growth, $4.58 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JEPI Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Sep 1, 2026 | — | $0.3710 | regular |
| Aug 3, 2026 | — | $0.3670 | regular |
| Jul 1, 2026 | — | $0.3870 | regular |
| Jun 1, 2026 | — | $0.3890 | regular |
| May 1, 2026 | — | $0.4480 | regular |
| Apr 1, 2026 | — | $0.4210 | regular |
| Mar 2, 2026 | — | $0.3510 | regular |
| Feb 2, 2026 | — | $0.3440 | regular |
| Dec 31, 2025 | — | $0.4270 | regular |
| Dec 1, 2025 | — | $0.3710 | regular |
| Nov 3, 2025 | — | $0.3460 | regular |
| Oct 1, 2025 | — | $0.3610 | regular |
| Sep 2, 2025 | — | $0.3680 | regular |
| Aug 1, 2025 | — | $0.3580 | regular |
Income Calculator
At $4.58 / yr per share
