SmarterDividends

FMX vs KO: Which Is the Better Dividend Stock?

As of Oct 27, 2026, FMX (Fomento Económico Mexicano, S.A.B. de C.V.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. FMX offers the higher yield at 3.66%, KO has the higher dividend-safety score, and FMX looks like the better value (its fair-value estimate is 27% above its share price).

Key facts: FMX vs KO

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, Fomento Económico Mexicano, S.A.B. de C.V. (FMX) has the higher forward dividend yield at 3.66%, versus 2.29% for The Coca-Cola Company (KO).
  • As of Oct 27, 2026, SmarterDividends grades FMX's dividend safety C (55/100) and KO's A (92/100).
  • By SmarterDividends' count as of Oct 27, 2026, FMX has raised its dividend for 1 consecutive years and KO for 55.
  • As of Oct 27, 2026, FMX pays out 49% of its earnings as dividends and KO pays out 62%.
  • As of Oct 27, 2026, FMX's fair-value estimate is 27% above its share price and KO's fair-value estimate is 49% below its share price, so FMX looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "FMX vs KO: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/fmx-vs-ko

MetricFMXKO
Forward yield3.66%2.29%
Annual dividend$4.57$2.12
Payout ratio49%62%
Years of growth1 yr55 yr
5-yr dividend growth17.0%4.5%
5-yr total return82%77%
Dividend safety score55 (C)92 (A)
Fair value estimate$158.69$47.17
Upside to fair value+27%-49%
Frequencyquarterlyquarterly
Market cap$42.6B$398.8B
P/E ratio8.927.8

Higher yield

FMX

3.66%

Safer dividend

KO

Grade A

Faster growth

FMX

17.0%

Better value

FMX

+27% upside

FMX vs KO — FAQ

Is FMX or KO a better dividend stock?

On the data, FMX wins more head-to-head categories (6 vs 2). FMX offers the higher yield (3.66%), while KO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, FMX or KO?

FMX has the higher forward dividend yield at 3.66%, versus 2.29% for KO.

Is FMX or KO safer?

KO has the higher dividend-safety score (92/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.

Is FMX or KO better value right now?

As of Oct 27, 2026, FMX looks like the better value: its fair-value estimate is 27% above its share price (undervalued). For KO, its fair-value estimate is 49% below its share price.

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