FMX vs PG: 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%, PG 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 PG
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 2.72% for The Procter & Gamble Company (PG).
- As of Oct 27, 2026, SmarterDividends grades FMX's dividend safety C (55/100) and PG's A (92/100).
- By SmarterDividends' count as of Oct 27, 2026, FMX has raised its dividend for 1 consecutive years and PG for 42.
- As of Oct 27, 2026, FMX pays out 49% of its earnings as dividends and PG pays out 65%.
- As of Oct 27, 2026, FMX's fair-value estimate is 27% above its share price and PG's fair-value estimate is 22% below its share price, so FMX looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "FMX vs PG: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/fmx-vs-pg
| Metric | FMX | PG |
|---|---|---|
| Forward yield | 3.66% | 2.72% |
| Annual dividend | $4.57 | $4.35 |
| Payout ratio | 49% | 65% |
| Years of growth | 1 yr | 42 yr |
| 5-yr dividend growth | 17.0% | 6.0% |
| 5-yr total return | 82% | 11% |
| Dividend safety score | 55 (C) | 92 (A) |
| Fair value estimate | $158.69 | $124.37 |
| Upside to fair value | +27% | -22% |
| Frequency | quarterly | quarterly |
| Market cap | $42.6B | $370.7B |
| P/E ratio | 8.9 | 24.1 |
Higher yield
FMX
3.66%
Safer dividend
PG
Grade A
Faster growth
FMX
17.0%
Better value
FMX
+27% upside
FMX vs PG — FAQ
Is FMX or PG 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 PG 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 PG?
FMX has the higher forward dividend yield at 3.66%, versus 2.72% for PG.
Is FMX or PG safer?
PG has the higher dividend-safety score (92/100 vs 55/100), reflecting stronger payout coverage and dividend-growth history.
Is FMX or PG 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 PG, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.