JPM vs MBWM

JPMorgan Chase & Co. compared with Mercantile Bank Corporation on yield, payout growth, payment schedule, cost and risk.

JPM

JPMorgan Chase & Co.

1.70%

TTM yield · Quarterly

VS

MBWM

Mercantile Bank Corporation

2.57%

TTM yield · Quarterly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricJPMMBWM
Share price$353.51$60.71
TTM yield1.70%2.57%
Forward yield1.70%2.64%
Annual payout per share$6.00$1.60
Payment frequencyQuarterlyQuarterly
Next ex-dateOct 5, 2026 (est.)Dec 4, 2026 (est.)
Payout ratio (earnings)26%27%
1-year payout growth+13.2%+5.4%
5-year payout CAGR+10.8%+6.1%
Consecutive years of increases3 years11 years
Payout consistency (last 12)87/10095/100
1-year total return+19.3%+26.4%
1-year price return+17.3%+23.3%
Size (market cap / AUM)939.7B1.0B
Years paying42.523.6
Payout risk (heuristic)LowLow
Sector / categoryFinancial ServicesFinancial Services

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

JPMMBWM
Shares28.3164.7
Income per year$170$264
Income per month (avg)$14$22

At forward yields, before taxes. Model JPM · Model MBWM

Next payments

Ex-datePay datePer shareStatus
JPM Oct 5, 2026Oct 19, 2026$1.50Est.
JPM Jan 4, 2027Jan 18, 2027$1.50Est.
JPM Apr 5, 2027Apr 19, 2027$1.50Est.
MBWM Dec 4, 2026Dec 16, 2026$0.40Est.
MBWM Mar 5, 2027Mar 17, 2027$0.40Est.
MBWM Jun 4, 2027Jun 16, 2027$0.40Est.

Annual payouts per share

JPMMBWM

Annual dividend per share, JPM vs MBWM, 2019 to 2026MBWMJPM$0.00$3.00$6.00JPM 2019: $3.30MBWM 2019: $1.062019JPM 2020: $3.60MBWM 2020: $1.122020JPM 2021: $3.70MBWM 2021: $1.182021JPM 2022: $4.00MBWM 2022: $1.262022JPM 2023: $4.05MBWM 2023: $1.342023JPM 2024: $4.60MBWM 2024: $1.422024JPM 2025: $5.55MBWM 2025: $1.502025JPM 2026 (YTD): $4.50MBWM 2026 (YTD): $1.182026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, JPM or MBWM?

MBWM currently has the higher trailing yield: JPM yields 1.70% and MBWM yields 2.57%. Yield changes daily with price, so check the live figures above.

How often do JPM and MBWM pay?

JPM pays every quarter and MBWM pays every quarter. JPM's next ex-date is Oct 5, 2026 and MBWM's is Dec 4, 2026.

Which has grown its dividend faster, JPM or MBWM?

JPM has grown its payout faster: 10.8%/yr vs 6.1%/yr over the last 5 years.

Is JPM or MBWM better for income?

It depends on what you are optimising for. JPM and MBWM differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

Related comparisons

JPM dividend history →
MBWM dividend history →

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