BAX vs JNJ: Which Is the Better Dividend Stock?
As of Nov 8, 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 8 of 8 head-to-head metrics. JNJ offers the higher yield at 1.94%, JNJ has the higher dividend-safety score, and JNJ looks like the better value (its fair-value estimate is 54% below its share price).
Key facts: BAX vs JNJ
Data as of · Source: SmarterDividends data
- As of Nov 8, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 1.94%, versus 0.16% for Baxter International Inc. (BAX).
- As of Nov 8, 2026, SmarterDividends grades BAX's dividend safety C (60/100) and JNJ's A (93/100).
- By SmarterDividends' count as of Nov 8, 2026, BAX has raised its dividend for 0 consecutive years and JNJ for 55.
- As of Nov 8, 2026, BAX pays out 155% of its earnings as dividends and JNJ pays out 80%.
- As of Nov 8, 2026, BAX's fair-value estimate is 64% below its share price and JNJ's fair-value estimate is 54% below its share price, so JNJ looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BAX vs JNJ: Dividend Yield, Safety & Value Compared," updated Nov 8, 2026, https://smarterdividends.com/compare/bax-vs-jnj
| Metric | BAX | JNJ |
|---|---|---|
| Forward yield | 0.16% | 1.94% |
| Annual dividend | $0.04 | $5.36 |
| Payout ratio | 155% | 80% |
| Years of growth | 0 yr | 55 yr |
| 5-yr dividend growth | -11.4% | 5.2% |
| 5-yr total return | -65% | 77% |
| Dividend safety score | 60 (C) | 93 (A) |
| Fair value estimate | $9.32 | $126.72 |
| Upside to fair value | -64% | -54% |
| Frequency | quarterly | quarterly |
| Market cap | $13.3B | $664.9B |
| P/E ratio | — | 41.9 |
Higher yield
JNJ
1.94%
Safer dividend
JNJ
Grade A
Faster growth
JNJ
5.2%
Better value
JNJ
-54% upside
BAX vs JNJ — FAQ
Is BAX or JNJ a better dividend stock?
On the data, JNJ wins more head-to-head categories (8 vs 0). JNJ offers the higher yield (1.94%), while JNJ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, BAX or JNJ?
JNJ has the higher forward dividend yield at 1.94%, versus 0.16% for BAX.
Is BAX or JNJ safer?
JNJ has the higher dividend-safety score (93/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.
Is BAX or JNJ better value right now?
As of Nov 8, 2026, JNJ looks like the better value: its fair-value estimate is 54% below its share price (overvalued). For BAX, its fair-value estimate is 64% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.