SmarterDividends

DG vs KO: Which Is the Better Dividend Stock?

As of Nov 5, 2026, DG and KO are closely matched. KO offers the higher yield at 2.21%, KO has the higher dividend-safety score, and DG looks like the better value (its fair-value estimate is 1% above its share price).

Key facts: DG vs KO

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, The Coca-Cola Company (KO) has the higher forward dividend yield at 2.21%, versus 1.67% for Dollar General Corporation (DG).
  • As of Nov 5, 2026, SmarterDividends grades DG's dividend safety A (85/100) and KO's A (92/100).
  • By SmarterDividends' count as of Nov 5, 2026, DG has raised its dividend for 0 consecutive years and KO for 55.
  • As of Nov 5, 2026, DG pays out 31% of its earnings as dividends and KO pays out 62%.
  • As of Nov 5, 2026, DG's fair-value estimate is 1% above its share price and KO's fair-value estimate is 51% below its share price, so DG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "DG vs KO: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/dg-vs-ko

MetricDGKO
Forward yield1.67%2.21%
Annual dividend$2.36$2.12
Payout ratio31%62%
Years of growth0 yr55 yr
5-yr dividend growth11.0%4.5%
5-yr total return-40%81%
Dividend safety score85 (A)92 (A)
Fair value estimate$138.63$47.18
Upside to fair value+1%-51%
Frequencyquarterlyquarterly
Market cap$30.4B$413.9B
P/E ratio17.928.4

Higher yield

KO

2.21%

Safer dividend

KO

Grade A

Faster growth

DG

11.0%

Better value

DG

+1% upside

DG vs KO — FAQ

Is DG or KO a better dividend stock?

DG and KO are closely matched. KO has the higher yield; KO scores better on safety.

Which has a higher dividend yield, DG or KO?

KO has the higher forward dividend yield at 2.21%, versus 1.67% for DG.

Is DG or KO safer?

KO has the higher dividend-safety score (92/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is DG or KO better value right now?

As of Nov 5, 2026, DG looks like the better value: its fair-value estimate is 1% above its share price (fairly valued). For KO, 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.