FMX vs WMT: Which Is the Better Dividend Stock?
As of September 2026, FMX and WMT are closely matched. FMX offers the higher yield at 5.02%, WMT has the higher dividend-safety score, and FMX trades at the larger discount to fair value (+31%).
| Metric | FMX | WMT |
|---|---|---|
| Forward yield | 5.02% | 0.94% |
| Annual dividend | $5.90 | $0.99 |
| Payout ratio | 139% | 35% |
| Years of growth | 1 yr | 50 yr |
| 5-yr dividend growth | 17.0% | 5.5% |
| 5-yr total return | 35% | 131% |
| Dividend safety score | 48 (D) | 91 (A) |
| Fair value estimate | $157.31 | $62.79 |
| Upside to fair value | +31% | -41% |
| Frequency | quarterly | quarterly |
| Market cap | $39.8B | $852.7B |
| P/E ratio | 22.7 | 38.3 |
Higher yield
FMX
5.02%
Safer dividend
WMT
Grade A
Faster growth
FMX
17.0%
Better value
FMX
+31% upside
FMX vs WMT — FAQ
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