13 Best Financial Sector Dividend Stocks to Invest In

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

Number of Hedge Fund Holders: 120

Dividend Yield as of November 28: 1.92%

JPMorgan Chase & Co. (NYSE:JPM) is one of the best dividend stocks in the financial sector. On November 12, Erika Najarian remained bullish on JPM, assigning the stock a Buy call along with a price target of $357.

In a different corporate update, JPMorgan announced a large-scale initiative that aims to restrict fraud and scams, via educating and informing consumers, preventative measures, public awareness, and operational improvements developed to prevent fraud attempts. In the week beginning November 17, Chase planned to carry out more than 20 workshops countrywide, which are accessible to the public free of cost. In 2024, the bank was successful in protecting its clients from fraudulent attacks, averting around $12 billion in losses.

JPMorgan Chase & Co. (NYSE:JPM)’s new initiatives to limit fraudulent activity include real-time scam warnings backed by the latest technology, a trusted-contact feature, a Scam Interruption Team, a close partnership with law enforcement agencies, and continuous training for employees.

JPMorgan is a financial services firm offering retail banking, lending, credit cards, mortgages, and payment services. The company was founded in 1799 and is based in New York.

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