JPMorgan Chase Has Raised Its Dividend for 14 Years Running. Is It the Best Dividend Stock in Banking?

JPMorgan Chase (JPM) boasts an impressive streak of raising its annual dividend for 14 consecutive years, positioning it as a strong candidate among dividend stocks in the banking sector. But analysts are asking: what happened 14 years ago?

Details of the Dividend Record

The streak of consecutive dividend increases began in 2012, after the bank recovered from the global financial crisis. Since then, dividends have grown steadily, from $0.30 per share in Q1 2012 to $1.15 per share in Q1 2026.

What Happened 14 Years Ago?

Before 2012, the bank had slashed its dividend during the 2008-2009 financial crisis, dropping from $0.38 to $0.05 per share. It then paused increases for several years until its financial position stabilized.

Is JPMorgan the Best in Banking?

While JPMorgan has a strong record, other banks like Wells Fargo and Bank of America also have solid dividend histories. However, JPMorgan's size and earnings stability make it a relatively safe choice for income-focused investors.

What This Means for Investors

JPMorgan remains an attractive option for dividend investors, especially given its continued strong earnings. However, past performance does not guarantee future results, and any earnings downturn could impact the bank's ability to maintain dividend growth.