GRFS vs JNJ: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. JNJ offers the higher yield at 2.10%, JNJ has the higher dividend-safety score, and GRFS looks like the better value (its fair-value estimate is 97% above its share price).
Key facts: GRFS vs JNJ
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 2.10%, versus 1.39% for Grifols, S.A. (GRFS).
- As of Oct 18, 2026, SmarterDividends grades GRFS's dividend safety C (54/100) and JNJ's A (94/100).
- By SmarterDividends' count as of Oct 18, 2026, GRFS has raised its dividend for 0 consecutive years and JNJ for 55.
- As of Oct 18, 2026, GRFS pays out 38% of its earnings as dividends and JNJ pays out 61%.
- As of Oct 18, 2026, GRFS's fair-value estimate is 97% above its share price and JNJ's fair-value estimate is 22% below its share price, so GRFS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GRFS vs JNJ: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/grfs-vs-jnj
| Metric | GRFS | JNJ |
|---|---|---|
| Forward yield | 1.39% | 2.10% |
| Annual dividend | $0.11 | $5.36 |
| Payout ratio | 38% | 61% |
| Years of growth | 0 yr | 55 yr |
| 5-yr dividend growth | -3.0% | 5.2% |
| 5-yr total return | -29% | 64% |
| Dividend safety score | 54 (C) | 94 (A) |
| Fair value estimate | $15.08 | $199.45 |
| Upside to fair value | +97% | -22% |
| Frequency | annual | quarterly |
| Market cap | $5.2B | $615.9B |
| P/E ratio | 9.8 | 38.8 |
Higher yield
JNJ
2.10%
Safer dividend
JNJ
Grade A
Faster growth
JNJ
5.2%
Better value
GRFS
+97% upside
GRFS vs JNJ — FAQ
Is GRFS or JNJ a better dividend stock?
On the data, JNJ wins more head-to-head categories (6 vs 2). JNJ offers the higher yield (2.10%), while JNJ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GRFS or JNJ?
JNJ has the higher forward dividend yield at 2.10%, versus 1.39% for GRFS.
Is GRFS or JNJ safer?
JNJ has the higher dividend-safety score (94/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is GRFS or JNJ better value right now?
As of Oct 18, 2026, GRFS looks like the better value: its fair-value estimate is 97% above its share price (undervalued). For JNJ, 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.