HSY vs KO: Which Is the Better Dividend Stock?
As of Nov 6, 2026, HSY and KO are closely matched. HSY offers the higher yield at 3.27%, KO has the higher dividend-safety score, and HSY looks like the better value (its fair-value estimate is 14% above its share price).
Key facts: HSY vs KO
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, The Hershey Company (HSY) has the higher forward dividend yield at 3.27%, versus 2.21% for The Coca-Cola Company (KO).
- As of Nov 6, 2026, SmarterDividends grades HSY's dividend safety A (89/100) and KO's A (92/100).
- By SmarterDividends' count as of Nov 6, 2026, HSY has raised its dividend for 0 consecutive years and KO for 55.
- As of Nov 6, 2026, HSY pays out 65% of its earnings as dividends and KO pays out 62%.
- As of Nov 6, 2026, HSY's fair-value estimate is 14% above its share price and KO's fair-value estimate is 51% below its share price, so HSY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSY vs KO: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/hsy-vs-ko
| Metric | HSY | KO |
|---|---|---|
| Forward yield | 3.27% | 2.21% |
| Annual dividend | $5.81 | $2.12 |
| Payout ratio | 65% | 62% |
| Years of growth | 0 yr | 55 yr |
| 5-yr dividend growth | 11.7% | 4.5% |
| 5-yr total return | -7% | 81% |
| Dividend safety score | 89 (A) | 92 (A) |
| Fair value estimate | $202.35 | $47.18 |
| Upside to fair value | +14% | -51% |
| Frequency | quarterly | quarterly |
| Market cap | $35.7B | $411.8B |
| P/E ratio | 20.1 | 28.2 |
Higher yield
HSY
3.27%
Safer dividend
KO
Grade A
Faster growth
HSY
11.7%
Better value
HSY
+14% upside
HSY vs KO — FAQ
Is HSY or KO a better dividend stock?
HSY and KO are closely matched. HSY has the higher yield; KO scores better on safety.
Which has a higher dividend yield, HSY or KO?
HSY has the higher forward dividend yield at 3.27%, versus 2.21% for KO.
Is HSY or KO safer?
KO has the higher dividend-safety score (92/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is HSY or KO better value right now?
As of Nov 6, 2026, HSY looks like the better value: its fair-value estimate is 14% above its share price (fairly valued). For KO, its fair-value estimate is 51% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.