Dividend comparison
BAC vs JPM: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for Bank of America Corporation and JPMorgan Chase & Co., side by side. Updated October 21, 2026.
BAC vs JPM: key differences
The short answer, from the latest data on this page.
- Income. BAC pays more income, yielding 2.30% over the last twelve months versus 1.84% for JPM. That is about $46 more a year on $10,000. Both pay quarterly.
- Performance. Over the last 5 years, JPM returned 118.0% versus 20.9% for BAC, with dividends reinvested. $10,000 would have grown to $21,798 in JPM and $12,092 in BAC.
- Risk. BAC has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -46.7%, against -38.8% for JPM.
- Dividend growth. JPM grew its yearly payout 10.7% a year over the last 4 years, versus 8.5% for BAC.
Bottom line: BAC fits better if you care most about more income today. JPM fits better if you care most about stronger 5-year returns, smaller drawdowns and faster dividend growth.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | BAC Bank of America Corporation | JPM JPMorgan Chase & Co. |
|---|---|---|
| Dividend yield (TTM) | 2.30% | 1.84% |
| Dividend / share (TTM) | $1.16 | $6.15 |
| Payout frequency | Quarterly | Quarterly |
| Last dividend | $0.3200 on Sep 25, 2026 | $1.5000 on Jul 31, 2026 |
| Ex-dividend date | Sep 4, 2026 | Oct 6, 2026 |
| Next payment | — | $1.6500 on Oct 31, 2026 |
| Dividend growth (CAGR) | 8.5% over 4 yrs | 10.7% over 4 yrs |
| Price | $50.64 | $335.26 |
| Payout ratio (TTM) | 30.4% | 19.9% |
| Dividend growth streak | 12 years | 15 years |
| Beta | 1.21 | 1.01 |
| Max drawdown (5Y) | -46.7% | -38.8% |
| Market cap | $358.24B | $903.04B |
| Exchange | NYSE | NYSE |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
BAC
$19.18/mo
$230 /yr at 2.30% yield
JPM
$15.37/mo
$184 /yr at 1.84% yield
Dividend history
Total dividends paid per share in each calendar year. BAC pays quarterly; JPM pays quarterly.
| Year | BAC | JPM |
|---|---|---|
| 2025 | $1.0800 | $5.5500 |
| 2024 | $1.0000 | $4.6000 |
| 2023 | $0.9200 | $4.0500 |
| 2022 | $0.8600 | $4.0000 |
| 2021 | $0.7800 | $3.7000 |
Strategy: Dividend stocks
Individual companies with long records of paying and raising dividends. Comparing two of them comes down to how safe the payout is, measured by the payout ratio and balance sheet, how fast it has grown, and what the business needs to keep earning it. A single stock carries company-specific risk that a fund spreads out.
A single company can cut or suspend its dividend, and one holding can fall far more than a diversified fund.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $12,092 in BAC and $21,798 in JPM.
| Period | BAC | JPM |
|---|---|---|
| 1 month | -12.28% | -4.12% |
| 3 months | -15.75% | -1.71% |
| Year to date | -6.46% | 4.05% |
| 1 year | -0.63% | 10.88% |
| 3 years | 105.77% | 145.20% |
| 5 years | 20.92% | 117.98% |
- BAC
- JPM
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Quick verdict
BAC fits better if you care most about more income today. JPM fits better if you care most about stronger 5-year returns, smaller drawdowns and faster dividend growth. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how BAC vs JPM fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is BAC or JPM better for dividend income?
It depends on your goals. BAC currently yields 2.30% Trailing Twelve Months (TTM) while JPM yields 1.84%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between BAC and JPM?
Bank of America Corporation (BAC) is a stock listed on NYSE. JPMorgan Chase & Co. (JPM) is a stock listed on NYSE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which has performed better, BAC or JPM?
Over the last 5 years, JPM has the higher total return with dividends reinvested: BAC returned 20.9% and JPM returned 118.0%. Past performance does not predict future returns.
Which is riskier, BAC or JPM?
Measured by the worst peak-to-trough decline over the last five years, BAC has been riskier: BAC fell as much as 46.7% and JPM as much as 38.8%. Their betas are 1.21 and 1.01.
How often do BAC and JPM pay dividends?
Both pay quarterly. The most recent payments were $0.3200 for BAC and $1.5000 for JPM.
How much income does $10,000 in BAC vs JPM generate?
At current TTM yields, $10,000 in BAC would generate roughly $19.18 per month ($230 annually). The same amount in JPM would produce about $15.37 per month ($184 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both BAC and JPM?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare BAC vs JPM with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how BAC and JPM fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.