SmarterDividends

COST vs MKC-V: Which Is the Better Dividend Stock?

As of Oct 27, 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MKC-V offers the higher yield at 3.98%, COST has the higher dividend-safety score, and MKC-V looks like the better value (its fair-value estimate is 85% above its share price).

Key facts: COST vs MKC-V

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, McCormick & Company, Incorporated (MKC-V) has the higher forward dividend yield at 3.98%, versus 0.59% for Costco Wholesale Corporation (COST).
  • As of Oct 27, 2026, SmarterDividends grades COST's dividend safety A (97/100) and MKC-V's A (90/100).
  • By SmarterDividends' count as of Oct 27, 2026, COST has raised its dividend for 21 consecutive years and MKC-V for 22.
  • As of Oct 27, 2026, COST pays out 27% of its earnings as dividends and MKC-V pays out 34%.
  • As of Oct 27, 2026, COST's fair-value estimate is 51% below its share price and MKC-V's fair-value estimate is 85% above its share price, so MKC-V looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "COST vs MKC-V: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/cost-vs-mkc-v

MetricCOSTMKC-V
Forward yield0.59%3.98%
Annual dividend$5.88$1.92
Payout ratio27%34%
Years of growth21 yr22 yr
5-yr dividend growth13.0%7.6%
5-yr total return86%-44%
Dividend safety score97 (A)90 (A)
Fair value estimate$489.60$89.34
Upside to fair value-51%+85%
Frequencyquarterlyquarterly
Market cap$445.4B$13.0B
P/E ratio48.48.7

Higher yield

MKC-V

3.98%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

MKC-V

+85% upside

COST vs MKC-V — FAQ

Is COST or MKC-V a better dividend stock?

On the data, COST wins more head-to-head categories (5 vs 3). MKC-V offers the higher yield (3.98%), 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 MKC-V?

MKC-V has the higher forward dividend yield at 3.98%, versus 0.59% for COST.

Is COST or MKC-V safer?

COST has the higher dividend-safety score (97/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.

Is COST or MKC-V better value right now?

As of Oct 27, 2026, MKC-V looks like the better value: its fair-value estimate is 85% above its share price (undervalued). For COST, its fair-value estimate is 51% below its share price.

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