BMY vs JNJ: Which Is the Better Dividend Stock?
As of Nov 2, 2026, BMY and JNJ are closely matched. BMY offers the higher yield at 4.03%, JNJ has the higher dividend-safety score, and BMY looks like the better value (its fair-value estimate is 4% below its share price).
Key facts: BMY vs JNJ
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, Bristol-Myers Squibb Company (BMY) has the higher forward dividend yield at 4.03%, versus 1.96% for Johnson & Johnson (JNJ).
- As of Nov 2, 2026, SmarterDividends grades BMY's dividend safety A (91/100) and JNJ's A (93/100).
- By SmarterDividends' count as of Nov 2, 2026, BMY has raised its dividend for 18 consecutive years and JNJ for 55.
- As of Nov 2, 2026, BMY pays out 56% of its earnings as dividends and JNJ pays out 80%.
- As of Nov 2, 2026, BMY's fair-value estimate is 4% below its share price and JNJ's fair-value estimate is 27% below its share price, so BMY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BMY vs JNJ: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/bmy-vs-jnj
| Metric | BMY | JNJ |
|---|---|---|
| Forward yield | 4.03% | 1.96% |
| Annual dividend | $2.52 | $5.36 |
| Payout ratio | 56% | 80% |
| Years of growth | 18 yr | 55 yr |
| 5-yr dividend growth | 6.2% | 5.2% |
| 5-yr total return | 17% | 75% |
| Dividend safety score | 91 (A) | 93 (A) |
| Fair value estimate | $60.06 | $199.73 |
| Upside to fair value | -4% | -27% |
| Frequency | quarterly | quarterly |
| Market cap | $127.7B | $657.7B |
| P/E ratio | 13.9 | 41.5 |
Higher yield
BMY
4.03%
Safer dividend
JNJ
Grade A
Faster growth
BMY
6.2%
Better value
BMY
-4% upside
BMY vs JNJ — FAQ
Is BMY or JNJ a better dividend stock?
BMY and JNJ are closely matched. BMY has the higher yield; JNJ scores better on safety.
Which has a higher dividend yield, BMY or JNJ?
BMY has the higher forward dividend yield at 4.03%, versus 1.96% for JNJ.
Is BMY or JNJ safer?
JNJ has the higher dividend-safety score (93/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is BMY or JNJ better value right now?
As of Nov 2, 2026, BMY looks like the better value: its fair-value estimate is 4% below its share price (fairly valued). For JNJ, its fair-value estimate is 27% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.