SmarterDividends

COST vs PSMT: Which Is the Better Dividend Stock?

As of Oct 18, 2026, COST and PSMT are closely matched. PSMT offers the higher yield at 0.82%, COST has the higher dividend-safety score, and PSMT looks like the better value (its fair-value estimate is 38% below its share price).

Key facts: COST vs PSMT

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, PriceSmart, Inc. (PSMT) has the higher forward dividend yield at 0.82%, versus 0.59% for Costco Wholesale Corporation (COST).
  • As of Oct 18, 2026, SmarterDividends grades COST's dividend safety A (97/100) and PSMT's A (91/100).
  • By SmarterDividends' count as of Oct 18, 2026, COST has raised its dividend for 21 consecutive years and PSMT for 4.
  • As of Oct 18, 2026, COST pays out 27% of its earnings as dividends and PSMT pays out 26%.
  • As of Oct 18, 2026, COST's fair-value estimate is 51% below its share price and PSMT's fair-value estimate is 38% below its share price, so PSMT looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricCOSTPSMT
Forward yield0.59%0.82%
Annual dividend$5.88$1.40
Payout ratio27%26%
Years of growth21 yr4 yr
5-yr dividend growth13.0%12.5%
5-yr total return83%137%
Dividend safety score97 (A)91 (A)
Fair value estimate$487.61$105.55
Upside to fair value-51%-38%
Frequencyquarterlysemiannual
Market cap$438.3B$5.2B
P/E ratio47.632.7

Higher yield

PSMT

0.82%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

PSMT

-38% upside

COST vs PSMT — FAQ

Is COST or PSMT a better dividend stock?

COST and PSMT are closely matched. PSMT has the higher yield; COST scores better on safety.

Which has a higher dividend yield, COST or PSMT?

PSMT has the higher forward dividend yield at 0.82%, versus 0.59% for COST.

Is COST or PSMT safer?

COST has the higher dividend-safety score (97/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.

Is COST or PSMT better value right now?

As of Oct 18, 2026, PSMT looks like the better value: its fair-value estimate is 38% 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.