JPMorgan Chase & Co.
JPMFinancial Services · Stock · quarterly payer
Forward Yield
1.76%
Annual Dividend
$6.00
Payout Ratio
26%
5-Yr Growth
9.0%
Ex-Date
Jul 6, 2026
Frequency
Quarterly
Summary
As of July 2026, JPMorgan Chase & Co. (JPM) yields 1.76% ($6.00 per share annually), with a blended fair-value estimate of $717.24 — +110% upside, so it screens as undervalued. Dividend safety grade: A (85/100). 15 years of dividend growth.
Is JPM a good dividend stock?
YesJPMorgan Chase & Co. (JPM) pays a quarterly dividend yielding 1.76% ($6.00/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
- 113% total price return over 5 years
- Top-tier dividend safety score
Risks
- Cut its dividend in 2009
Key Data
- Dividend Yield
- 1.76%
- Payout Ratio
- 26%
- Annual Dividend
- $6.00
- 5-Yr Avg Growth
- 9.0%
- Ex-Dividend Date
- Jul 6, 2026
- Years of Growth
- 15
- Frequency
- quarterly
- Beta
- 0.98
- Market Cap
- $906.7B
- P/E Ratio
- 14.6
- 5-Yr Total Return
- 113%
- 52-Week Range
- $279.10 – $351.24
- Dividend Safety
- A · 85/100
- Ever Cut?
- Yes (2009)
Frequently Asked Questions
JPM Price — Last 12 Months
Daily close
Price Return
1 Year
+13%
3 Years
+133%
5 Years
+113%
52-Week Range
$279.10 – $351.24
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JPM worth?
Undervaluedlow confidenceOur blended fair-value estimate for JPMorgan Chase & Co. is $717.24 per share, versus a market price of $341.10. That implies 110% of upside — a margin of safety of about 52%.
Fair Value
$717.24
Current Price
$341.10
Upside
+110%
Margin of Safety
52%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 20.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.2% discount rate (CAPM), 20.0% stage-1 growth, 2.5% terminal growth, $23.33 EPS, $6.00 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JPM Dividend Safety Score
Very Safe
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 |
|---|---|---|---|
| Jul 6, 2026 | — | $1.5000 | regular |
| Apr 6, 2026 | — | $1.5000 | regular |
| Jan 6, 2026 | — | $1.5000 | regular |
| Oct 6, 2025 | — | $1.5000 | regular |
| Jul 3, 2025 | — | $1.4000 | regular |
| Apr 4, 2025 | — | $1.4000 | regular |
| Jan 6, 2025 | — | $1.2500 | regular |
| Oct 4, 2024 | — | $1.2500 | regular |
| Jul 5, 2024 | — | $1.1500 | regular |
| Apr 4, 2024 | — | $1.1500 | regular |
| Jan 4, 2024 | — | $1.0500 | regular |
| Oct 5, 2023 | — | $1.0500 | regular |
| Jul 5, 2023 | — | $1.0000 | regular |
| Apr 5, 2023 | — | $1.0000 | regular |
Income Calculator
At $6.00 / yr per share
