SmarterDividends

ABBV vs CVS: Which Is the Better Dividend Stock?

As of September 2026, ABBV and CVS are closely matched. CVS offers the higher yield at 2.99%, CVS has the higher dividend-safety score, and CVS trades at the larger discount to fair value (+57%).

MetricABBVCVS
Forward yield2.62%2.99%
Annual dividend$6.92$2.66
Payout ratio190%70%
Years of growth12 yr0 yr
5-yr dividend growth6.8%5.9%
5-yr total return130%-0%
Dividend safety score80 (A)91 (A)
Fair value estimate$221.69$139.35
Upside to fair value-16%+57%
Frequencyquarterlyquarterly
Market cap$466.4B$113.6B
P/E ratio74.623.4

Higher yield

CVS

2.99%

Safer dividend

CVS

Grade A

Faster growth

ABBV

6.8%

Better value

CVS

+57% upside

ABBV vs CVS — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.