HSY vs WMT: Which Is the Better Dividend Stock?
As of Nov 6, 2026, HSY and WMT are closely matched. HSY offers the higher yield at 3.27%, WMT 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 WMT
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 0.78% for Walmart Inc. (WMT).
- As of Nov 6, 2026, SmarterDividends grades HSY's dividend safety A (89/100) and WMT's A (91/100).
- By SmarterDividends' count as of Nov 6, 2026, HSY has raised its dividend for 0 consecutive years and WMT for 50.
- As of Nov 6, 2026, HSY pays out 65% of its earnings as dividends and WMT pays out 35%.
- As of Nov 6, 2026, HSY's fair-value estimate is 14% above its share price and WMT's fair-value estimate is 55% below its share price, so HSY looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "HSY vs WMT: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/hsy-vs-wmt
| Metric | HSY | WMT |
|---|---|---|
| Forward yield | 3.27% | 0.78% |
| Annual dividend | $5.81 | $0.99 |
| Payout ratio | 65% | 35% |
| Years of growth | 0 yr | 50 yr |
| 5-yr dividend growth | 11.7% | 5.5% |
| 5-yr total return | -7% | 163% |
| Dividend safety score | 89 (A) | 91 (A) |
| Fair value estimate | $202.35 | $57.65 |
| Upside to fair value | +14% | -55% |
| Frequency | quarterly | quarterly |
| Market cap | $35.7B | $1.0T |
| P/E ratio | 20.1 | 46.3 |
Higher yield
HSY
3.27%
Safer dividend
WMT
Grade A
Faster growth
HSY
11.7%
Better value
HSY
+14% upside
HSY vs WMT — FAQ
Is HSY or WMT a better dividend stock?
HSY and WMT are closely matched. HSY has the higher yield; WMT scores better on safety.
Which has a higher dividend yield, HSY or WMT?
HSY has the higher forward dividend yield at 3.27%, versus 0.78% for WMT.
Is HSY or WMT safer?
WMT has the higher dividend-safety score (91/100 vs 89/100), reflecting stronger payout coverage and dividend-growth history.
Is HSY or WMT 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 WMT, its fair-value estimate is 55% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.