CCEP vs KO: Which Is the Better Dividend Stock?
As of Nov 5, 2026, CCEP and KO are closely matched. KO offers the higher yield at 2.21%, KO has the higher dividend-safety score, and CCEP looks like the better value (its fair-value estimate is 10% below its share price).
Key facts: CCEP vs KO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The Coca-Cola Company (KO) has the higher forward dividend yield at 2.21%, versus 2.08% for Coca-Cola Europacific Partners PLC (CCEP).
- As of Nov 5, 2026, SmarterDividends grades CCEP's dividend safety C (57/100) and KO's A (92/100).
- By SmarterDividends' count as of Nov 5, 2026, CCEP has raised its dividend for 3 consecutive years and KO for 55.
- As of Nov 5, 2026, CCEP pays out 47% of its earnings as dividends and KO pays out 62%.
- As of Nov 5, 2026, CCEP's fair-value estimate is 10% below its share price and KO's fair-value estimate is 51% below its share price, so CCEP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CCEP vs KO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ccep-vs-ko
| Metric | CCEP | KO |
|---|---|---|
| Forward yield | 2.08% | 2.21% |
| Annual dividend | $2.41 | $2.12 |
| Payout ratio | 47% | 62% |
| Years of growth | 3 yr | 55 yr |
| 5-yr dividend growth | 3.1% | 4.5% |
| 5-yr total return | 129% | 81% |
| Dividend safety score | 57 (C) | 92 (A) |
| Fair value estimate | $106.37 | $47.18 |
| Upside to fair value | -10% | -51% |
| Frequency | semiannual | quarterly |
| Market cap | $51.6B | $413.9B |
| P/E ratio | 22.7 | 28.4 |
Higher yield
KO
2.21%
Safer dividend
KO
Grade A
Faster growth
KO
4.5%
Better value
CCEP
-10% upside
CCEP vs KO — FAQ
Is CCEP or KO a better dividend stock?
CCEP and KO are closely matched. KO has the higher yield; KO scores better on safety.
Which has a higher dividend yield, CCEP or KO?
KO has the higher forward dividend yield at 2.21%, versus 2.08% for CCEP.
Is CCEP or KO safer?
KO has the higher dividend-safety score (92/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is CCEP or KO better value right now?
As of Nov 5, 2026, CCEP looks like the better value: its fair-value estimate is 10% below its share price (fairly valued). For KO, its fair-value estimate is 51% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.