CL vs PG: Which Is the Better Dividend Stock?
As of September 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PG offers the higher yield at 3.05%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-5%).
| Metric | CL | PG |
|---|---|---|
| Forward yield | 2.44% | 3.05% |
| Annual dividend | $2.12 | $4.35 |
| Payout ratio | 82% | 64% |
| Years of growth | 52 yr | 42 yr |
| 5-yr dividend growth | 3.3% | 6.0% |
| 5-yr total return | 15% | 4% |
| Dividend safety score | 88 (A) | 90 (A) |
| Fair value estimate | $81.28 | $137.56 |
| Upside to fair value | -6% | -5% |
| Frequency | quarterly | quarterly |
| Market cap | $69.2B | $337.4B |
| P/E ratio | 34.2 | 21.9 |
Higher yield
PG
3.05%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
PG
-5% upside
CL vs PG — FAQ
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