Is JPMorgan Chase & Co. (JPM) the Safest Bet Among NYSE Dividend Stocks?
JPMorgan Chase & Co. (NYSE:JPM) is included among the 10 Best NYSE Dividend Stocks to Buy.
JPMorgan Chase & Co. (NYSE:JPM) is a leading financial services company with operations across consumer banking, payments, investment banking, markets, commercial banking, and asset management. Its strong earnings power, combined with disciplined risk management, is reflected in solid returns on equity, healthy capital reserves, and consistent shareholder returns through buybacks and dividends. These qualities make JPM a strong dividend stock for long-term investors.
JPMorgan Chase & Co. (NYSE:JPM) continues to return significant capital to shareholders. In the latest quarter, it distributed $3.9 billion in dividends and repurchased $7.1 billion worth of stock. Over the past year, total net payouts, including both dividends and buybacks, amounted to 71% of earnings. Despite this, the company maintains a conservative dividend payout ratio of just 28%.
On September 17, JPMorgan Chase & Co. (NYSE:JPM) declared a 7.1% hike in its quarterly dividend to $1.50 per share. This was the company’s fourth dividend hike in the last two years. As of September 20, the stock has a dividend yield of 1.91%.
While we acknowledge the potential of JPM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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