SmarterDividends

GSK vs MRK: Which Is the Better Dividend Stock?

As of July 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. GSK offers the higher yield at 3.50%, MRK has the higher dividend-safety score, and GSK trades at the larger discount to fair value (+10%).

MetricGSKMRK
Forward yield3.50%2.61%
Annual dividend$1.80$3.40
Payout ratio47%94%
Years of growth2 yr15 yr
5-yr dividend growth-4.0%6.7%
5-yr total return26%72%
Dividend safety score54 (C)90 (A)
Fair value estimate$56.55$128.13
Upside to fair value+10%-2%
Frequencyquarterlyquarterly
Market cap$102.8B$323.7B
P/E ratio13.536.9

Higher yield

GSK

3.50%

Safer dividend

MRK

Grade A

Faster growth

MRK

6.7%

Better value

GSK

+10% upside

GSK vs MRK — FAQ

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