SmarterDividends

DG vs WMT: Which Is the Better Dividend Stock?

As of Nov 5, 2026, DG (Dollar General Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. DG offers the higher yield at 1.71%, WMT has the higher dividend-safety score, and DG looks like the better value (its fair-value estimate is 0% above its share price).

Key facts: DG vs WMT

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Dollar General Corporation (DG) has the higher forward dividend yield at 1.71%, versus 0.77% for Walmart Inc. (WMT).
  • As of Nov 5, 2026, SmarterDividends grades DG's dividend safety A (85/100) and WMT's A (91/100).
  • By SmarterDividends' count as of Nov 5, 2026, DG has raised its dividend for 0 consecutive years and WMT for 50.
  • As of Nov 5, 2026, DG pays out 31% of its earnings as dividends and WMT pays out 35%.
  • As of Nov 5, 2026, DG's fair-value estimate is 0% above its share price and WMT's fair-value estimate is 56% below its share price, so DG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricDGWMT
Forward yield1.71%0.77%
Annual dividend$2.36$0.99
Payout ratio31%35%
Years of growth0 yr50 yr
5-yr dividend growth11.0%5.5%
5-yr total return-40%163%
Dividend safety score85 (A)91 (A)
Fair value estimate$138.63$57.65
Upside to fair value+0%-56%
Frequencyquarterlyquarterly
Market cap$30.4B$1.0T
P/E ratio17.947.0

Higher yield

DG

1.71%

Safer dividend

WMT

Grade A

Faster growth

DG

11.0%

Better value

DG

+0% upside

DG vs WMT — FAQ

Is DG or WMT a better dividend stock?

On the data, DG wins more head-to-head categories (5 vs 3). DG offers the higher yield (1.71%), while WMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, DG or WMT?

DG has the higher forward dividend yield at 1.71%, versus 0.77% for WMT.

Is DG or WMT safer?

WMT has the higher dividend-safety score (91/100 vs 85/100), reflecting stronger payout coverage and dividend-growth history.

Is DG or WMT better value right now?

As of Nov 5, 2026, DG looks like the better value: its fair-value estimate is 0% above its share price (fairly valued). For WMT, its fair-value estimate is 56% below its share price.

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