ELV vs JNJ: Which Is the Better Dividend Stock?
As of July 2026, ELV and JNJ are closely matched. JNJ offers the higher yield at 2.03%, JNJ has the higher dividend-safety score, and ELV trades at the larger discount to fair value (+61%).
| Metric | ELV | JNJ |
|---|---|---|
| Forward yield | 1.82% | 2.03% |
| Annual dividend | $6.88 | $5.36 |
| Payout ratio | 30% | 61% |
| Years of growth | 14 yr | 55 yr |
| 5-yr dividend growth | 12.5% | 5.2% |
| 5-yr total return | 1% | 52% |
| Dividend safety score | 87 (A) | 93 (A) |
| Fair value estimate | $607.00 | $229.97 |
| Upside to fair value | +61% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $81.9B | $634.8B |
| P/E ratio | 16.7 | 30.6 |
Higher yield
JNJ
2.03%
Safer dividend
JNJ
Grade A
Faster growth
ELV
12.5%
Better value
ELV
+61% upside
ELV vs JNJ — FAQ
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