SmarterDividends

ABBV vs PRGO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, ABBV (AbbVie Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. PRGO offers the higher yield at 6.98%, ABBV has the higher dividend-safety score, and PRGO looks like the better value (its fair-value estimate is 93% above its share price).

Key facts: ABBV vs PRGO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Perrigo Company plc (PRGO) has the higher forward dividend yield at 6.98%, versus 2.42% for AbbVie Inc. (ABBV).
  • As of Oct 18, 2026, SmarterDividends grades ABBV's dividend safety A (80/100) and PRGO's B (68/100).
  • By SmarterDividends' count as of Oct 18, 2026, ABBV has raised its dividend for 12 consecutive years and PRGO for 12.
  • As of Oct 18, 2026, ABBV's fair-value estimate is 31% below its share price and PRGO's fair-value estimate is 93% above its share price, so PRGO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "ABBV vs PRGO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/abbv-vs-prgo

MetricABBVPRGO
Forward yield2.42%6.98%
Annual dividend$6.92$1.16
Payout ratio190%1349%
Years of growth12 yr12 yr
5-yr dividend growth6.8%5.2%
5-yr total return148%-55%
Dividend safety score80 (A)68 (B)
Fair value estimate$195.66$32.12
Upside to fair value-31%+93%
Frequencyquarterlyquarterly
Market cap$504.4B$2.3B
P/E ratio80.6—

Higher yield

PRGO

6.98%

Safer dividend

ABBV

Grade A

Faster growth

ABBV

6.8%

Better value

PRGO

+93% upside

ABBV vs PRGO — FAQ

Is ABBV or PRGO a better dividend stock?

On the data, ABBV wins more head-to-head categories (5 vs 2). PRGO offers the higher yield (6.98%), while ABBV 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 PRGO?

PRGO has the higher forward dividend yield at 6.98%, versus 2.42% for ABBV.

Is ABBV or PRGO safer?

ABBV has the higher dividend-safety score (80/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is ABBV or PRGO better value right now?

As of Oct 18, 2026, PRGO looks like the better value: its fair-value estimate is 93% above its share price (undervalued). For ABBV, its fair-value estimate is 31% below its share price.

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