SmarterDividends

DG vs PG: Which Is the Better Dividend Stock?

As of September 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PG offers the higher yield at 2.97%, PG has the higher dividend-safety score, and DG trades at the larger discount to fair value (+24%).

MetricDGPG
Forward yield1.93%2.97%
Annual dividend$2.36$4.35
Payout ratio31%64%
Years of growth0 yr42 yr
5-yr dividend growth11.0%6.0%
5-yr total return-45%2%
Dividend safety score83 (A)90 (A)
Fair value estimate$152.13$137.51
Upside to fair value+24%-6%
Frequencyquarterlyquarterly
Market cap$27.0B$340.3B
P/E ratio15.922.1

Higher yield

PG

2.97%

Safer dividend

PG

Grade A

Faster growth

DG

11.0%

Better value

DG

+24% upside

DG vs PG — FAQ

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