JNJ vs PFE: Which Is the Better Dividend Stock?
As of September 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. PFE offers the higher yield at 6.20%, JNJ has the higher dividend-safety score, and JNJ trades at the larger discount to fair value (-11%).
| Metric | JNJ | PFE |
|---|---|---|
| Forward yield | 2.02% | 6.20% |
| Annual dividend | $5.36 | $1.72 |
| Payout ratio | 61% | 226% |
| Years of growth | 55 yr | 16 yr |
| 5-yr dividend growth | 5.2% | 3.6% |
| 5-yr total return | 64% | -36% |
| Dividend safety score | 93 (A) | 78 (B) |
| Fair value estimate | $237.49 | $20.72 |
| Upside to fair value | -11% | -25% |
| Frequency | quarterly | quarterly |
| Market cap | $640.0B | $158.0B |
| P/E ratio | 30.8 | 36.5 |
Higher yield
PFE
6.20%
Safer dividend
JNJ
Grade A
Faster growth
JNJ
5.2%
Better value
JNJ
-11% upside
JNJ vs PFE — FAQ
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