CHE vs JNJ: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. JNJ offers the higher yield at 2.10%, JNJ has the higher dividend-safety score, and CHE looks like the better value (its fair-value estimate is 34% above its share price).
Key facts: CHE vs JNJ
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 2.10%, versus 0.55% for Chemed Corporation (CHE).
- As of Oct 18, 2026, SmarterDividends grades CHE's dividend safety A (90/100) and JNJ's A (94/100).
- By SmarterDividends' count as of Oct 18, 2026, CHE has raised its dividend for 17 consecutive years and JNJ for 55.
- As of Oct 18, 2026, CHE pays out 12% of its earnings as dividends and JNJ pays out 61%.
- As of Oct 18, 2026, CHE's fair-value estimate is 34% above its share price and JNJ's fair-value estimate is 22% below its share price, so CHE looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "CHE vs JNJ: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/che-vs-jnj
| Metric | CHE | JNJ |
|---|---|---|
| Forward yield | 0.55% | 2.10% |
| Annual dividend | $2.80 | $5.36 |
| Payout ratio | 12% | 61% |
| Years of growth | 17 yr | 55 yr |
| 5-yr dividend growth | 10.8% | 5.2% |
| 5-yr total return | 10% | 64% |
| Dividend safety score | 90 (A) | 94 (A) |
| Fair value estimate | $686.78 | $199.45 |
| Upside to fair value | +34% | -22% |
| Frequency | quarterly | quarterly |
| Market cap | $6.7B | $615.9B |
| P/E ratio | 25.2 | 38.8 |
Higher yield
JNJ
2.10%
Safer dividend
JNJ
Grade A
Faster growth
CHE
10.8%
Better value
CHE
+34% upside
CHE vs JNJ — FAQ
Is CHE or JNJ a better dividend stock?
On the data, JNJ wins more head-to-head categories (5 vs 3). JNJ offers the higher yield (2.10%), while JNJ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, CHE or JNJ?
JNJ has the higher forward dividend yield at 2.10%, versus 0.55% for CHE.
Is CHE or JNJ safer?
JNJ has the higher dividend-safety score (94/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is CHE or JNJ better value right now?
As of Oct 18, 2026, CHE looks like the better value: its fair-value estimate is 34% above its share price (undervalued). For JNJ, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.