SmarterDividends

CI vs MRK: Which Is the Better Dividend Stock?

As of Nov 6, 2026, CI and MRK are closely matched. MRK offers the higher yield at 2.31%, MRK has the higher dividend-safety score, and CI looks like the better value (its fair-value estimate is 113% above its share price).

Key facts: CI vs MRK

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Merck & Co., Inc. (MRK) has the higher forward dividend yield at 2.31%, versus 2.04% for The Cigna Group (CI).
  • As of Nov 6, 2026, SmarterDividends grades CI's dividend safety B (79/100) and MRK's A (88/100).
  • By SmarterDividends' count as of Nov 6, 2026, CI has raised its dividend for 5 consecutive years and MRK for 15.
  • As of Nov 6, 2026, CI pays out 25% of its earnings as dividends and MRK pays out 343%.
  • As of Nov 6, 2026, CI's fair-value estimate is 113% above its share price and MRK's fair-value estimate is 18% below its share price, so CI looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CI vs MRK: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/ci-vs-mrk

MetricCIMRK
Forward yield2.04%2.31%
Annual dividend$6.24$3.40
Payout ratio25%343%
Years of growth5 yr15 yr
5-yr dividend growth106.7%6.7%
5-yr total return55%100%
Dividend safety score79 (B)88 (A)
Fair value estimate$643.14$119.89
Upside to fair value+113%-18%
Frequencyquarterlyquarterly
Market cap$79.7B$362.5B
P/E ratio13.3148.4

Higher yield

MRK

2.31%

Safer dividend

MRK

Grade A

Faster growth

CI

106.7%

Better value

CI

+113% upside

CI vs MRK — FAQ

Is CI or MRK a better dividend stock?

CI and MRK are closely matched. MRK has the higher yield; MRK scores better on safety.

Which has a higher dividend yield, CI or MRK?

MRK has the higher forward dividend yield at 2.31%, versus 2.04% for CI.

Is CI or MRK safer?

MRK has the higher dividend-safety score (88/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.

Is CI or MRK better value right now?

As of Nov 6, 2026, CI looks like the better value: its fair-value estimate is 113% above its share price (undervalued). For MRK, its fair-value estimate is 18% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.