BMY vs MRK: Which Is the Better Dividend Stock?
As of July 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. BMY offers the higher yield at 4.15%, MRK has the higher dividend-safety score, and MRK trades at the larger discount to fair value (+0%).
| Metric | BMY | MRK |
|---|---|---|
| Forward yield | 4.15% | 2.67% |
| Annual dividend | $2.52 | $3.40 |
| Payout ratio | 70% | 94% |
| Years of growth | 18 yr | 15 yr |
| 5-yr dividend growth | 6.2% | 6.7% |
| 5-yr total return | -9% | 67% |
| Dividend safety score | 88 (A) | 90 (A) |
| Fair value estimate | $59.74 | $128.06 |
| Upside to fair value | -2% | +0% |
| Frequency | quarterly | quarterly |
| Market cap | $122.9B | $307.2B |
| P/E ratio | 17.0 | 36.0 |
Higher yield
BMY
4.15%
Safer dividend
MRK
Grade A
Faster growth
MRK
6.7%
Better value
MRK
+0% upside
BMY vs MRK — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.