JPMorgan Chase & Co. (NYSE:JPM) is one of the Best Stocks to Buy for Dividends.
A group of business people discussing plans around a boardroom table adorned with a financial services company logo.
The company’s strong stock performance over the past five years has been largely fueled by solid financial results. The bank delivered strong earnings in 2024 and maintained that momentum into 2025, despite broader economic headwinds. In the first quarter, total deposits rose 2% year over year, providing low-cost funding to support loan growth. Net interest income edged up by 1%, while non-interest income saw a notable 17% increase.
As of March 31, JPMorgan Chase & Co. (NYSE:JPM) had $3.7 trillion in assets under management. The firm is a dominant force in the financial sector, with operations spanning capital markets, investment banking, asset and wealth management, and consumer banking.
JPMorgan Chase & Co. (NYSE:JPM) also has a strong dividend track record, consistently paying dividends since 2000. Its annual dividend has grown significantly, from $0.20 per share in 2010 to $4.60 in 2024. With a five-year average payout ratio of under 30%, the company maintains robust cash flow, making its dividend payments both sustainable and reliable. Currently, it pays a quarterly dividend of $1.40 per share and has a dividend yield of 1.97%, as of June 25.
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.
READ NEXT: 10 Best Dividend Stocks for a Bear Market and 10 Best Dividend Stocks to Buy for Dependable Dividend Growth.
Disclosure. None.