ABBV vs MCK: Which Is the Better Dividend Stock?
As of Nov 5, 2026, MCK (McKesson Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. ABBV offers the higher yield at 2.35%, MCK has the higher dividend-safety score, and MCK looks like the better value (its fair-value estimate is 6% above its share price).
Key facts: ABBV vs MCK
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, AbbVie Inc. (ABBV) has the higher forward dividend yield at 2.35%, versus 0.35% for McKesson Corporation (MCK).
- As of Nov 5, 2026, SmarterDividends grades ABBV's dividend safety A (80/100) and MCK's A (97/100).
- By SmarterDividends' count as of Nov 5, 2026, ABBV has raised its dividend for 12 consecutive years and MCK for 18.
- As of Nov 5, 2026, ABBV pays out 117% of its earnings as dividends and MCK pays out 9%.
- As of Nov 5, 2026, ABBV's fair-value estimate is 35% below its share price and MCK's fair-value estimate is 6% above its share price, so MCK looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "ABBV vs MCK: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/abbv-vs-mck
| Metric | ABBV | MCK |
|---|---|---|
| Forward yield | 2.35% | 0.35% |
| Annual dividend | $6.92 | $3.76 |
| Payout ratio | 117% | 9% |
| Years of growth | 12 yr | 18 yr |
| 5-yr dividend growth | 6.8% | 13.0% |
| 5-yr total return | 156% | 359% |
| Dividend safety score | 80 (A) | 97 (A) |
| Fair value estimate | $192.09 | $1,153.66 |
| Upside to fair value | -35% | +6% |
| Frequency | quarterly | quarterly |
| Market cap | $521.5B | $127.4B |
| P/E ratio | 50.7 | 28.2 |
Higher yield
ABBV
2.35%
Safer dividend
MCK
Grade A
Faster growth
MCK
13.0%
Better value
MCK
+6% upside
ABBV vs MCK — FAQ
Is ABBV or MCK a better dividend stock?
On the data, MCK wins more head-to-head categories (6 vs 2). ABBV offers the higher yield (2.35%), while MCK has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, ABBV or MCK?
ABBV has the higher forward dividend yield at 2.35%, versus 0.35% for MCK.
Is ABBV or MCK safer?
MCK has the higher dividend-safety score (97/100 vs 80/100), reflecting stronger payout coverage and dividend-growth history.
Is ABBV or MCK better value right now?
As of Nov 5, 2026, MCK looks like the better value: its fair-value estimate is 6% above its share price (fairly valued). For ABBV, its fair-value estimate is 35% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.