SmarterDividends

COST vs WMT: Which Is the Better Dividend Stock?

As of Nov 5, 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WMT offers the higher yield at 0.77%, COST has the higher dividend-safety score, and COST looks like the better value (its fair-value estimate is 53% below its share price).

Key facts: COST vs WMT

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Walmart Inc. (WMT) has the higher forward dividend yield at 0.77%, versus 0.56% for Costco Wholesale Corporation (COST).
  • As of Nov 5, 2026, SmarterDividends grades COST's dividend safety A (97/100) and WMT's A (91/100).
  • By SmarterDividends' count as of Nov 5, 2026, COST has raised its dividend for 21 consecutive years and WMT for 50.
  • As of Nov 5, 2026, COST pays out 27% of its earnings as dividends and WMT pays out 35%.
  • As of Nov 5, 2026, COST's fair-value estimate is 53% below its share price and WMT's fair-value estimate is 55% below its share price, so COST looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "COST vs WMT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/cost-vs-wmt

MetricCOSTWMT
Forward yield0.56%0.77%
Annual dividend$5.88$0.99
Payout ratio27%35%
Years of growth21 yr50 yr
5-yr dividend growth13.0%5.5%
5-yr total return88%163%
Dividend safety score97 (A)91 (A)
Fair value estimate$491.02$57.65
Upside to fair value-53%-55%
Frequencyquarterlyquarterly
Market cap$463.7B$1.0T
P/E ratio50.446.8

Higher yield

WMT

0.77%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

COST

-53% upside

COST vs WMT — FAQ

Is COST or WMT a better dividend stock?

On the data, COST wins more head-to-head categories (5 vs 3). WMT offers the higher yield (0.77%), 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 WMT?

WMT has the higher forward dividend yield at 0.77%, versus 0.56% for COST.

Is COST or WMT safer?

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

Is COST or WMT better value right now?

As of Nov 5, 2026, COST looks like the better value: its fair-value estimate is 53% below its share price (overvalued). For WMT, its fair-value estimate is 55% below its share price.

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