SmarterDividends

FLO vs WMT: Which Is the Better Dividend Stock?

As of Oct 27, 2026, WMT (Walmart Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. FLO offers the higher yield at 8.14%, WMT has the higher dividend-safety score, and FLO looks like the better value (its fair-value estimate is 34% above its share price).

Key facts: FLO vs WMT

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Flowers Foods, Inc. (FLO) has the higher forward dividend yield at 8.14%, versus 0.82% for Walmart Inc. (WMT).
  • As of Oct 27, 2026, SmarterDividends grades FLO's dividend safety C (50/100) and WMT's A (91/100).
  • By SmarterDividends' count as of Oct 27, 2026, FLO has raised its dividend for 23 consecutive years and WMT for 50.
  • As of Oct 27, 2026, FLO pays out 321% of its earnings as dividends and WMT pays out 35%.
  • As of Oct 27, 2026, FLO's fair-value estimate is 34% above its share price and WMT's fair-value estimate is 51% below its share price, so FLO looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "FLO vs WMT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/flo-vs-wmt

MetricFLOWMT
Forward yield8.14%0.82%
Annual dividend$0.50$0.99
Payout ratio321%35%
Years of growth23 yr50 yr
5-yr dividend growth4.5%5.5%
5-yr total return-76%156%
Dividend safety score50 (C)91 (A)
Fair value estimate$8.20$58.40
Upside to fair value+34%-51%
Frequencyquarterlyquarterly
Market cap$1.3B$954.4B
P/E ratio22.742.4

Higher yield

FLO

8.14%

Safer dividend

WMT

Grade A

Faster growth

WMT

5.5%

Better value

FLO

+34% upside

FLO vs WMT — FAQ

Is FLO or WMT a better dividend stock?

On the data, WMT wins more head-to-head categories (6 vs 2). FLO offers the higher yield (8.14%), 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, FLO or WMT?

FLO has the higher forward dividend yield at 8.14%, versus 0.82% for WMT.

Is FLO or WMT safer?

WMT has the higher dividend-safety score (91/100 vs 50/100), reflecting stronger payout coverage and dividend-growth history.

Is FLO or WMT better value right now?

As of Oct 27, 2026, FLO looks like the better value: its fair-value estimate is 34% above its share price (undervalued). For WMT, 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.