CHD vs PG: Which Is the Better Dividend Stock?
As of Nov 5, 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PG offers the higher yield at 2.60%, CHD has the higher dividend-safety score, and PG looks like the better value (its fair-value estimate is 26% below its share price).
Key facts: CHD 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 1.10% for Church & Dwight Co., Inc. (CHD).
- As of Nov 5, 2026, SmarterDividends grades CHD's dividend safety A (98/100) and PG's A (92/100).
- By SmarterDividends' count as of Nov 5, 2026, CHD has raised its dividend for 29 consecutive years and PG for 42.
- As of Nov 5, 2026, CHD pays out 37% of its earnings as dividends and PG pays out 65%.
- As of Nov 5, 2026, CHD's fair-value estimate is 37% below its share price and PG's fair-value estimate is 26% below its share price, so PG looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CHD vs PG: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/chd-vs-pg
| Metric | CHD | PG |
|---|---|---|
| Forward yield | 1.10% | 2.60% |
| Annual dividend | $1.23 | $4.35 |
| Payout ratio | 37% | 65% |
| Years of growth | 29 yr | 42 yr |
| 5-yr dividend growth | 4.2% | 6.0% |
| 5-yr total return | 20% | 12% |
| Dividend safety score | 98 (A) | 92 (A) |
| Fair value estimate | $71.24 | $124.28 |
| Upside to fair value | -37% | -26% |
| Frequency | quarterly | quarterly |
| Market cap | $26.6B | $388.6B |
| P/E ratio | 34.6 | 25.3 |
Higher yield
PG
2.60%
Safer dividend
CHD
Grade A
Faster growth
PG
6.0%
Better value
PG
-26% upside
CHD vs PG — FAQ
Is CHD or PG a better dividend stock?
On the data, PG wins more head-to-head categories (5 vs 3). PG offers the higher yield (2.60%), while CHD has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CHD or PG?
PG has the higher forward dividend yield at 2.60%, versus 1.10% for CHD.
Is CHD or PG safer?
CHD has the higher dividend-safety score (98/100 vs 92/100), reflecting stronger payout coverage and dividend-growth history.
Is CHD or PG better value right now?
As of Nov 5, 2026, PG looks like the better value: its fair-value estimate is 26% below its share price (overvalued). For CHD, its fair-value estimate is 37% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.