SmarterDividends

COST vs MDLZ: Which Is the Better Dividend Stock?

As of Nov 6, 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MDLZ offers the higher yield at 3.11%, COST has the higher dividend-safety score, and MDLZ looks like the better value (its fair-value estimate is 18% below its share price).

Key facts: COST vs MDLZ

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Mondelez International, Inc. (MDLZ) has the higher forward dividend yield at 3.11%, versus 0.55% for Costco Wholesale Corporation (COST).
  • As of Nov 6, 2026, SmarterDividends grades COST's dividend safety A (97/100) and MDLZ's B (75/100).
  • By SmarterDividends' count as of Nov 6, 2026, COST has raised its dividend for 21 consecutive years and MDLZ for 12.
  • As of Nov 6, 2026, COST pays out 27% of its earnings as dividends and MDLZ pays out 64%.
  • As of Nov 6, 2026, COST's fair-value estimate is 54% below its share price and MDLZ's fair-value estimate is 18% below its share price, so MDLZ looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "COST vs MDLZ: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/cost-vs-mdlz

MetricCOSTMDLZ
Forward yield0.55%3.11%
Annual dividend$5.88$2.08
Payout ratio27%64%
Years of growth21 yr12 yr
5-yr dividend growth13.0%10.1%
5-yr total return88%10%
Dividend safety score97 (A)75 (B)
Fair value estimate$491.02$54.59
Upside to fair value-54%-18%
Frequencyquarterlyquarterly
Market cap$472.2B$84.6B
P/E ratio51.321.1

Higher yield

MDLZ

3.11%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

MDLZ

-18% upside

COST vs MDLZ — FAQ

Is COST or MDLZ a better dividend stock?

On the data, COST wins more head-to-head categories (6 vs 2). MDLZ offers the higher yield (3.11%), while COST has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, COST or MDLZ?

MDLZ has the higher forward dividend yield at 3.11%, versus 0.55% for COST.

Is COST or MDLZ safer?

COST has the higher dividend-safety score (97/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.

Is COST or MDLZ better value right now?

As of Nov 6, 2026, MDLZ looks like the better value: its fair-value estimate is 18% below its share price (overvalued). For COST, its fair-value estimate is 54% below its share price.

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