INGR vs PG: Which Is the Better Dividend Stock?
As of Oct 2, 2026, INGR and PG are closely matched. INGR offers the higher yield at 3.47%, INGR has the higher dividend-safety score, and INGR looks like the better value (its fair-value estimate is 26% above its share price).
Key facts: INGR vs PG
Data as of · Source: SmarterDividends data
- As of Oct 2, 2026, Ingredion Incorporated (INGR) has the higher forward dividend yield at 3.47%, versus 3.00% for The Procter & Gamble Company (PG).
- As of Oct 2, 2026, SmarterDividends grades INGR's dividend safety A (93/100) and PG's A (90/100).
- By SmarterDividends' count as of Oct 2, 2026, INGR has raised its dividend for 15 consecutive years and PG for 42.
- As of Oct 2, 2026, INGR pays out 36% of its earnings as dividends and PG pays out 64%.
- As of Oct 2, 2026, INGR's fair-value estimate is 26% above its share price and PG's fair-value estimate is 16% below its share price, so INGR looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "INGR vs PG: Dividend Yield, Safety & Value Compared," updated Oct 2, 2026, https://smarterdividends.com/compare/ingr-vs-pg
| Metric | INGR | PG |
|---|---|---|
| Forward yield | 3.47% | 3.00% |
| Annual dividend | $3.32 | $4.35 |
| Payout ratio | 36% | 64% |
| Years of growth | 15 yr | 42 yr |
| 5-yr dividend growth | 4.9% | 6.0% |
| 5-yr total return | 2% | 2% |
| Dividend safety score | 93 (A) | 90 (A) |
| Fair value estimate | $119.30 | $120.58 |
| Upside to fair value | +26% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $6.0B | $334.6B |
| P/E ratio | 10.4 | 21.9 |
Higher yield
INGR
3.47%
Safer dividend
INGR
Grade A
Faster growth
PG
6.0%
Better value
INGR
+26% upside
INGR vs PG — FAQ
Is INGR or PG a better dividend stock?
INGR and PG are closely matched. INGR has the higher yield; INGR scores better on safety.
Which has a higher dividend yield, INGR or PG?
INGR has the higher forward dividend yield at 3.47%, versus 3.00% for PG.
Is INGR or PG safer?
INGR has the higher dividend-safety score (93/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.
Is INGR or PG better value right now?
As of Oct 2, 2026, INGR looks like the better value: its fair-value estimate is 26% above its share price (undervalued). For PG, its fair-value estimate is 16% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.