Does JPMorgan Chase (JPM) Pay a Dividend? (2026)

Last updated July 2026

Short answer

Yes. JPMorgan Chase (JPM) pays a dividend yielding about 1.71% as of August 2026, paid quarterly, four times a year. The latest payment on record was $1.50 per share, ex-dividend July 6, 2026. The forward annual rate is roughly $6.00 per share, about $171 a year on a $10,000 position before tax. The payout takes about 26% of earnings. Figures are approximate and dated; verify the current number with your broker.

Does JPMorgan Chase (JPM) pay a dividend?

Yes. JPMorgan Chase distributes a dividend yielding roughly 1.71% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $1.50 per share, with an ex-dividend date of July 6, 2026. Annualized, that is about $6.00 per share.

JPMorgan's current TTM P/E of roughly 16x sits at the high end of its own five-year range (which averaged ~11.8x from 2021-2025) and about 23% above the broader financial services sector average, reflecting the premium investors have assigned to its scale, earnings consistency, and capital return capacity. The 20% full-year 2025 ROTCE is one of the highest among large global banks and underpins the thesis that scale and diversification translate into superior returns on equity. However, with NII guidance edged down for 2026 and credit loss provisions rising, the path to further multiple expansion is narrower than it was a year ago.

JPM dividend at a glance

Dividend yield
1.71%
Annual rate / share
$6.00
Payout ratio
25.71%
Ex-dividend date
2026-07-06
Recent payments per share
2026-07-06$1.5
2026-04-06$1.5
2026-01-06$1.5
2025-10-06$1.5
2025-07-03$1.4
2025-04-04$1.4

JPM dividend data as of August 2026, sourced from Yahoo Finance and may be delayed. Yield moves with price and payout; confirm the current dividend and ex-date with JPM's investor relations page before relying on it.

Is the JPM dividend covered?

JPMorgan Chase paid out about 26% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest.

Coverage is the question worth asking before yield. A dividend is only as good as the earnings behind it, and the highest yields on any screen are often the ones closest to being cut. Walnut is informational and is not an investment adviser.

How the JPM dividend has changed

The latest payment of $1.50 per share compares with $1.40 in the equivalent payment a year earlier (July 3, 2025). That is a change of 7.1% over the year.

A single year says little on its own. What dividend-growth investors track is the multi-year record: whether the payout has risen through a downturn, and whether the raises have kept pace with inflation. That record is on JPM's investor relations page.

What JPM's dividend means for you

  • Income: about $171 a year per $10,000 invested, before tax.
  • Yield is a ratio, not a payment: it rises when the share price falls. A jump in yield without a raise in the dividend means the stock got cheaper, which may or may not be good news.
  • Total return: for JPM the dividend is one part of return and price change is usually the larger part. Compare total return, not yield, when weighing it against another holding.
  • Reinvest or take the cash: a DRIP compounds the position automatically; taking the cash gives you income now. Either way it is taxable in a taxable account.
  • If you want more yield: dedicated dividend names and funds target higher, steadier payouts. See the best dividend stocks and best dividend ETFs.

How JPM dividends are taxed

Dividends from US common stock are usually qualified, which means they are taxed at long-term capital-gains rates rather than as ordinary income, as long as you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs and BDCs generally do not qualify and are taxed as ordinary income. Inside an IRA, Roth, or 401(k) none of this applies while the money stays in the account. Full detail is in how dividends are taxed. This is not tax advice.

The bottom line on the JPM dividend

JPMorgan Chase (JPM) pays about 1.71%, or roughly $6.00 per share a year. At that level the dividend is a modest supplement rather than the reason to own it: the case rests on total return. For the full picture see the JPM guide. Walnut can show how JPM fits your real portfolio. It is not an investment adviser.

Investing in JPMorgan Chase with AI

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FAQ

Does JPMorgan Chase (JPM) pay a dividend?

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Yes. JPMorgan Chase pays a dividend yielding roughly 1.71% as of August 2026, paid quarterly, four times a year. The most recent payment on record was $1.50 per share with an ex-dividend date of July 6, 2026. That works out to a forward annual rate of about $6.00 per share. Yields move with the share price, so verify the current figure with your broker or JPM's investor relations page before relying on it.

What is JPM's dividend yield?

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About 1.71% as of August 2026. On a $10,000 position that is roughly $171 of dividend income a year before tax. For context, the S&P 500 yields around 1.2%, so JPM yields meaningfully more than the broad market. A higher yield is not automatically better: it can reflect a falling share price as easily as a generous payout, so it is worth checking why the number is what it is.

How often does JPM pay its dividend?

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JPMorgan Chase pays quarterly, four times a year. The most recent payment on record had an ex-dividend date of July 6, 2026. To receive a given payment you have to own the shares before the ex-dividend date, not on the pay date. Confirm upcoming dates on JPM's investor relations page, because boards can change both the amount and the timing.

When is JPM's ex-dividend date?

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The ex-dividend date recorded in our August 2026 data pull is July 6, 2026. The ex-dividend date is the cutoff: buy on or after it and the seller keeps that payment, not you. Buying just before the ex-date to capture the dividend does not create free money, because the share price typically drops by roughly the dividend amount when the stock goes ex. Check JPM's investor relations page for the next confirmed date.

How much is JPM's dividend per share?

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$1.50 per share in the most recent payment (ex-date July 6, 2026), which annualizes to about $6.00 per share. The equivalent payment a year earlier was $1.40. That is a change of 7.1% year over year.

Has JPMorgan Chase raised its dividend recently?

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Yes. The latest payment of $1.50 per share is above the $1.40 paid in the same slot a year earlier, an increase of about 7.1%. One raise is not a policy, though: check the multi-year record on JPM's investor relations page, since a long streak of increases is what dividend-growth investors actually look for.

Is JPM's dividend safe?

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JPMorgan Chase paid out about 26% of its earnings as dividends, so the payout is very well covered. A low ratio means the dividend has plenty of room and the company is keeping most of its profit to reinvest or buy back stock, which is also why the yield is modest. Nobody can guarantee a dividend: boards cut them, and a high yield is sometimes the market pricing in exactly that. Walnut is not an investment adviser and this is not a recommendation.

How much would I earn in dividends from a $10,000 position in JPM?

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At a yield of about 1.71%, roughly $171 a year before tax, spread across 4 payments. That is a snapshot, not a promise: the amount changes when the company changes its payout, and your yield on cost is fixed at the price you paid, not at today's price.

Are JPM dividends qualified for tax purposes?

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Dividends from US common stock are usually qualified, meaning they are taxed at the lower long-term capital-gains rates, provided you held the shares for more than 60 days in the 121-day window around the ex-dividend date. Distributions from REITs, BDCs, and some pass-through structures are generally taxed as ordinary income instead. In an IRA or Roth the question does not arise. See our guide to how dividends are taxed. This is not tax advice.

Should I reinvest JPM dividends?

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Most brokers offer automatic reinvestment (a DRIP) that puts each JPM payment straight back into more shares, often fractional ones. Reinvesting compounds the position and is the standard choice when you do not need the cash yet. Taking the cash makes sense when you are spending the income or want to direct it elsewhere. Either way the dividend is taxable in a taxable account in the year it is paid, even if you never see the money.

Does JPM pay a dividend?

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Yes. JPMorgan pays a quarterly cash dividend, most recently $1.50 per share (paid April 2026), with the board announcing an increase to $1.65 per share starting in Q3 2026. The stock currently yields roughly 1.8-2%. JPMorgan has increased its dividend for 14 consecutive years and has a five-year dividend growth rate of approximately 10%.

Walnut is informational, not investment advice. Dividend figures on this page come from a August 2026 data pull and are approximate; verify the current yield, amount, schedule, and policy with JPM's investor relations page or your broker before acting on them.

Guides that feature JPM

JPM is one of the names covered in these guides. Each one puts the stock next to its peers so you can see where it fits rather than judging it alone.

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