SmarterDividends

COST vs NGVC: Which Is the Better Dividend Stock?

As of Oct 18, 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NGVC offers the higher yield at 1.96%, COST has the higher dividend-safety score, and NGVC looks like the better value (its fair-value estimate is 48% below its share price).

Key facts: COST vs NGVC

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Natural Grocers by Vitamin Cottage, Inc. (NGVC) has the higher forward dividend yield at 1.96%, versus 0.59% for Costco Wholesale Corporation (COST).
  • As of Oct 18, 2026, SmarterDividends grades COST's dividend safety A (97/100) and NGVC's B (75/100).
  • By SmarterDividends' count as of Oct 18, 2026, COST has raised its dividend for 21 consecutive years and NGVC for 2.
  • As of Oct 18, 2026, COST pays out 27% of its earnings as dividends and NGVC pays out 28%.
  • As of Oct 18, 2026, COST's fair-value estimate is 51% below its share price and NGVC's fair-value estimate is 48% below its share price, so NGVC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "COST vs NGVC: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cost-vs-ngvc

MetricCOSTNGVC
Forward yield0.59%1.96%
Annual dividend$5.88$0.60
Payout ratio27%28%
Years of growth21 yr2 yr
5-yr dividend growth13.0%12.7%
5-yr total return83%138%
Dividend safety score97 (A)75 (B)
Fair value estimate$487.61$15.97
Upside to fair value-51%-48%
Frequencyquarterlyquarterly
Market cap$438.3B$705.4M
P/E ratio47.614.9

Higher yield

NGVC

1.96%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

NGVC

-48% upside

COST vs NGVC — FAQ

Is COST or NGVC a better dividend stock?

On the data, COST wins more head-to-head categories (5 vs 3). NGVC offers the higher yield (1.96%), 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 NGVC?

NGVC has the higher forward dividend yield at 1.96%, versus 0.59% for COST.

Is COST or NGVC safer?

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

Is COST or NGVC better value right now?

As of Oct 18, 2026, NGVC looks like the better value: its fair-value estimate is 48% below its share price (overvalued). 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.