10 Best Bank Dividend Stocks To Buy Right Now

1. JPMorgan Chase & Co. (NYSE:JPM)

Number of Hedge Fund Holders: 105

JPMorgan Chase & Co. (NYSE:JPM) is one of the largest banks in the US. The company excels in commercial banking, financial transaction processing, and asset management. In FY24, the company achieved impressive results, reporting a record annual profit of $58.5 billion, which was an 18% increase from the previous year. This growth was largely driven by the bank’s dealmakers and traders capitalizing on a market rebound in the fourth quarter. However, its net interest income (NII) fell by 3% year-over-year to $23.5 billion in Q4 2024, marking its first decline since 2021.

Since the start of 2025, JPMorgan Chase & Co. (NYSE:JPM) has delivered a nearly 15% return to shareholders, compared with a just 4% return of the broader market. Its success has been largely attributed to its focus on investment banking and wealth management. In Q4 2024, investment banking fees surged by 49% from the previous year, driven by strong client engagement. Meanwhile, the Asset & Wealth Management division saw a 25% increase in net income, reaching $1.5 billion, fueled by record client inflows that boosted assets under management.

JPMorgan Chase & Co. (NYSE:JPM) is well-regarded as a top dividend stock, consistently distributing dividends to shareholders since 1972. Demonstrating its commitment to rewarding investors, it paid $3.5 billion in dividends during the most recent quarter. The company offers a quarterly dividend of $1.25 per share and has a dividend yield of 1.81%, as of February 13.

Overall JPMorgan Chase & Co. (NYSE:JPM) ranks first on our list of the best dividend stocks from the banking sector. While we acknowledge the potential for JPM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than JPM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap

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