BUD vs PG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, BUD and PG are closely matched. PG offers the higher yield at 2.60%, PG has the higher dividend-safety score, and BUD looks like the better value (its fair-value estimate is 16% above its share price).
Key facts: BUD vs PG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Procter & Gamble Company (PG) has the higher forward dividend yield at 2.60%, versus 1.61% for Anheuser-Busch InBev SA/NV (BUD).
- As of Nov 5, 2026, SmarterDividends grades BUD's dividend safety C (63/100) and PG's A (92/100).
- By SmarterDividends' count as of Nov 5, 2026, BUD has raised its dividend for 3 consecutive years and PG for 42.
- As of Nov 5, 2026, BUD pays out 27% of its earnings as dividends and PG pays out 65%.
- As of Nov 5, 2026, BUD's fair-value estimate is 16% above its share price and PG's fair-value estimate is 26% below its share price, so BUD looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "BUD vs PG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/bud-vs-pg
| Metric | BUD | PG |
|---|---|---|
| Forward yield | 1.61% | 2.60% |
| Annual dividend | $1.35 | $4.35 |
| Payout ratio | 27% | 65% |
| Years of growth | 3 yr | 42 yr |
| 5-yr dividend growth | 15.4% | 6.0% |
| 5-yr total return | 44% | 12% |
| Dividend safety score | 63 (C) | 92 (A) |
| Fair value estimate | $98.86 | $124.28 |
| Upside to fair value | +16% | -26% |
| Frequency | annual | quarterly |
| Market cap | $167.7B | $388.6B |
| P/E ratio | 17.3 | 25.3 |
Higher yield
PG
2.60%
Safer dividend
PG
Grade A
Faster growth
BUD
15.4%
Better value
BUD
+16% upside
BUD vs PG — FAQ
Is BUD or PG a better dividend stock?
BUD and PG are closely matched. PG has the higher yield; PG scores better on safety.
Which has a higher dividend yield, BUD or PG?
PG has the higher forward dividend yield at 2.60%, versus 1.61% for BUD.
Is BUD or PG safer?
PG has the higher dividend-safety score (92/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
Is BUD or PG better value right now?
As of Nov 5, 2026, BUD looks like the better value: its fair-value estimate is 16% above its share price (undervalued). For PG, its fair-value estimate is 26% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.