SmarterDividends

CL vs KO: Which Is the Better Dividend Stock?

As of August 2026, KO (The Coca-Cola Company) screens as the stronger dividend stock, winning 6 of 6 head-to-head metrics. CL offers the higher yield at 2.33%, KO has the higher dividend-safety score, and KO trades at the larger discount to fair value (-28%).

MetricCLKO
Forward yield2.33%2.33%
Annual dividend$2.12$2.12
Payout ratio82%62%
Years of growth52 yr55 yr
5-yr dividend growth3.3%4.5%
5-yr total return21%74%
Dividend safety score86 (A)92 (A)
Fair value estimate$56.52$66.00
Upside to fair value-38%-28%
Frequencyquarterlyquarterly
Market cap$73.8B$395.8B
P/E ratio35.927.3

Higher yield

CL

2.33%

Safer dividend

KO

Grade A

Faster growth

KO

4.5%

Better value

KO

-28% upside

CL vs KO — FAQ

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