SmarterDividends

COST vs MKC: Which Is the Better Dividend Stock?

As of September 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MKC offers the higher yield at 3.70%, COST has the higher dividend-safety score, and MKC trades at the larger discount to fair value (+72%).

MetricCOSTMKC
Forward yield0.65%3.70%
Annual dividend$5.88$1.92
Payout ratio27%31%
Years of growth21 yr31 yr
5-yr dividend growth13.0%7.6%
5-yr total return104%-36%
Dividend safety score95 (A)90 (A)
Fair value estimate$426.27$89.47
Upside to fair value-53%+72%
Frequencyquarterlyquarterly
Market cap$400.3B$13.8B
P/E ratio45.98.6

Higher yield

MKC

3.70%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

MKC

+72% upside

COST vs MKC — FAQ

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