GRFS vs MRK: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MRK offers the higher yield at 2.33%, MRK 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 MRK
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Merck & Co., Inc. (MRK) has the higher forward dividend yield at 2.33%, versus 1.39% for Grifols, S.A. (GRFS).
- As of Oct 18, 2026, SmarterDividends grades GRFS's dividend safety C (54/100) and MRK's A (88/100).
- By SmarterDividends' count as of Oct 18, 2026, GRFS has raised its dividend for 0 consecutive years and MRK for 15.
- As of Oct 18, 2026, GRFS pays out 38% of its earnings as dividends and MRK pays out 267%.
- As of Oct 18, 2026, GRFS's fair-value estimate is 97% above its share price and MRK's fair-value estimate is 17% below its share price, so GRFS looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "GRFS vs MRK: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/grfs-vs-mrk
| Metric | GRFS | MRK |
|---|---|---|
| Forward yield | 1.39% | 2.33% |
| Annual dividend | $0.11 | $3.40 |
| Payout ratio | 38% | 267% |
| Years of growth | 0 yr | 15 yr |
| 5-yr dividend growth | -3.0% | 6.7% |
| 5-yr total return | -29% | 95% |
| Dividend safety score | 54 (C) | 88 (A) |
| Fair value estimate | $15.08 | $120.53 |
| Upside to fair value | +97% | -17% |
| Frequency | annual | quarterly |
| Market cap | $5.2B | $360.1B |
| P/E ratio | 9.8 | 115.8 |
Higher yield
MRK
2.33%
Safer dividend
MRK
Grade A
Faster growth
MRK
6.7%
Better value
GRFS
+97% upside
GRFS vs MRK — FAQ
Is GRFS or MRK a better dividend stock?
On the data, MRK wins more head-to-head categories (6 vs 2). MRK offers the higher yield (2.33%), while MRK 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 MRK?
MRK has the higher forward dividend yield at 2.33%, versus 1.39% for GRFS.
Is GRFS or MRK safer?
MRK has the higher dividend-safety score (88/100 vs 54/100), reflecting stronger payout coverage and dividend-growth history.
Is GRFS or MRK 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 MRK, its fair-value estimate is 17% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.