HLNCF vs MRK: Which Is the Better Dividend Stock?
As of Nov 6, 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. MRK offers the higher yield at 2.31%, MRK has the higher dividend-safety score, and HLNCF looks like the better value (its fair-value estimate is 7% below its share price).
Key facts: HLNCF vs MRK
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Merck & Co., Inc. (MRK) has the higher forward dividend yield at 2.31%, versus 2.16% for Haleon plc (HLNCF).
- As of Nov 6, 2026, SmarterDividends grades HLNCF's dividend safety B (73/100) and MRK's A (88/100).
- By SmarterDividends' count as of Nov 6, 2026, HLNCF has raised its dividend for 2 consecutive years and MRK for 15.
- As of Nov 6, 2026, HLNCF pays out 39% of its earnings as dividends and MRK pays out 343%.
- As of Nov 6, 2026, HLNCF's fair-value estimate is 7% below its share price and MRK's fair-value estimate is 18% below its share price, so HLNCF looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HLNCF vs MRK: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/hlncf-vs-mrk
| Metric | HLNCF | MRK |
|---|---|---|
| Forward yield | 2.16% | 2.31% |
| Annual dividend | $0.10 | $3.40 |
| Payout ratio | 39% | 343% |
| Years of growth | 2 yr | 15 yr |
| 5-yr dividend growth | — | 6.7% |
| 5-yr total return | — | 100% |
| Dividend safety score | 73 (B) | 88 (A) |
| Fair value estimate | $4.14 | $119.89 |
| Upside to fair value | -7% | -18% |
| Frequency | quarterly | quarterly |
| Market cap | $39.0B | $362.5B |
| P/E ratio | 18.5 | 148.4 |
Higher yield
MRK
2.31%
Safer dividend
MRK
Grade A
Faster growth
MRK
6.7%
Better value
HLNCF
-7% upside
HLNCF vs MRK — FAQ
Is HLNCF or MRK a better dividend stock?
On the data, MRK wins more head-to-head categories (4 vs 2). MRK offers the higher yield (2.31%), 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, HLNCF or MRK?
MRK has the higher forward dividend yield at 2.31%, versus 2.16% for HLNCF.
Is HLNCF or MRK safer?
MRK has the higher dividend-safety score (88/100 vs 73/100), reflecting stronger payout coverage and dividend-growth history.
Is HLNCF or MRK better value right now?
As of Nov 6, 2026, HLNCF looks like the better value: its fair-value estimate is 7% below its share price (fairly valued). For MRK, its fair-value estimate is 18% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.