SmarterDividends

HUM vs JNJ: Which Is the Better Dividend Stock?

As of Nov 6, 2026, HUM and JNJ are closely matched. JNJ offers the higher yield at 1.97%, HUM has the higher dividend-safety score, and HUM looks like the better value (its fair-value estimate is 15% above its share price).

Key facts: HUM vs JNJ

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 1.97%, versus 0.86% for Humana Inc. (HUM).
  • As of Nov 6, 2026, SmarterDividends grades HUM's dividend safety A (96/100) and JNJ's A (93/100).
  • By SmarterDividends' count as of Nov 6, 2026, HUM has raised its dividend for 0 consecutive years and JNJ for 55.
  • As of Nov 6, 2026, HUM pays out 33% of its earnings as dividends and JNJ pays out 80%.
  • As of Nov 6, 2026, HUM's fair-value estimate is 15% above its share price and JNJ's fair-value estimate is 27% below its share price, so HUM looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "HUM vs JNJ: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/hum-vs-jnj

MetricHUMJNJ
Forward yield0.86%1.97%
Annual dividend$3.54$5.36
Payout ratio33%80%
Years of growth0 yr55 yr
5-yr dividend growth7.2%5.2%
5-yr total return-1%75%
Dividend safety score96 (A)93 (A)
Fair value estimate$475.52$199.73
Upside to fair value+15%-27%
Frequencyquarterlyquarterly
Market cap$49.4B$655.6B
P/E ratio39.441.3

Higher yield

JNJ

1.97%

Safer dividend

HUM

Grade A

Faster growth

HUM

7.2%

Better value

HUM

+15% upside

HUM vs JNJ — FAQ

Is HUM or JNJ a better dividend stock?

HUM and JNJ are closely matched. JNJ has the higher yield; HUM scores better on safety.

Which has a higher dividend yield, HUM or JNJ?

JNJ has the higher forward dividend yield at 1.97%, versus 0.86% for HUM.

Is HUM or JNJ safer?

HUM has the higher dividend-safety score (96/100 vs 93/100), reflecting stronger payout coverage and dividend-growth history.

Is HUM or JNJ better value right now?

As of Nov 6, 2026, HUM looks like the better value: its fair-value estimate is 15% above its share price (undervalued). For JNJ, its fair-value estimate is 27% below its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.