JPM vs VCV
JPMorgan Chase & Co. compared with Invesco California Value Municipal Income Trust on yield, payout growth, payment schedule, cost and risk.
JPM
JPMorgan Chase & Co.
TTM yield · Quarterly
VCV
Invesco California Value Municipal Income Trust
TTM yield · Monthly
Quick take
- VCV yields more today: 7.65% vs 1.70% (forward).
- JPM has grown its payout faster: 10.8%/yr vs 6.3%/yr over the last 5 years.
- JPM pays every quarter; VCV pays every month.
- Over the last year JPM delivered the higher total return: +19.3% vs +7.4% (price change plus payouts).
- JPM raises fewer payout-risk flags on our heuristic (low vs elevated).
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | JPM | VCV |
|---|---|---|
| Share price | $353.51 | $10.19 |
| TTM yield | 1.70% | 7.65% |
| Forward yield | 1.70% | 7.65% |
| Annual payout per share | $6.00 | $0.78 |
| Payment frequency | Quarterly | Monthly |
| Next ex-date | Oct 5, 2026 (est.) | Sep 14, 2026 (declared) |
| Payout ratio (earnings) | 26% | 298% |
| 1-year payout growth | +13.2% | +0.0% |
| 5-year payout CAGR | +10.8% | +6.3% |
| Consecutive years of increases | 3 years | 0 years |
| Payout consistency (last 12) | 87/100 | 100/100 |
| 1-year total return | +19.3% | +7.4% |
| 1-year price return | +17.3% | -0.2% |
| Size (market cap / AUM) | 939.7B | 500.5M |
| Years paying | 42.5 | 33.2 |
| Payout risk (heuristic) | Low | Elevated |
| Sector / category | Financial Services | Financial 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
| JPM | VCV | |
|---|---|---|
| Shares | 28.3 | 981.4 |
| Income per year | $170 | $765 |
| Income per month (avg) | $14 | $64 |
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| JPM Oct 5, 2026 | Oct 19, 2026 | $1.50 | Est. |
| JPM Jan 4, 2027 | Jan 18, 2027 | $1.50 | Est. |
| JPM Apr 5, 2027 | Apr 19, 2027 | $1.50 | Est. |
| VCV Sep 14, 2026 | Sep 28, 2026 | $0.065 | Declared |
| VCV Oct 14, 2026 | Oct 28, 2026 | $0.065 | Est. |
| VCV Nov 13, 2026 | Nov 27, 2026 | $0.065 | Est. |
Annual payouts per share
JPMVCV
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 VCV?
VCV currently has the higher trailing yield: JPM yields 1.70% and VCV yields 7.65%. Yield changes daily with price, so check the live figures above.
How often do JPM and VCV pay?
JPM pays every quarter and VCV pays every month. JPM's next ex-date is Oct 5, 2026 and VCV's is Sep 14, 2026.
Which has grown its dividend faster, JPM or VCV?
JPM has grown its payout faster: 10.8%/yr vs 6.3%/yr over the last 5 years.
Is JPM or VCV better for income?
It depends on what you are optimising for. JPM and VCV 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.