JNJ vs PRGO: Which Is the Better Dividend Stock?
As of Oct 18, 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PRGO offers the higher yield at 6.98%, JNJ has the higher dividend-safety score, and PRGO looks like the better value (its fair-value estimate is 93% above its share price).
Key facts: JNJ vs PRGO
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Perrigo Company plc (PRGO) has the higher forward dividend yield at 6.98%, versus 2.10% for Johnson & Johnson (JNJ).
- As of Oct 18, 2026, SmarterDividends grades JNJ's dividend safety A (94/100) and PRGO's B (68/100).
- By SmarterDividends' count as of Oct 18, 2026, JNJ has raised its dividend for 55 consecutive years and PRGO for 12.
- As of Oct 18, 2026, JNJ's fair-value estimate is 22% below its share price and PRGO's fair-value estimate is 93% above its share price, so PRGO looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "JNJ vs PRGO: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/jnj-vs-prgo
| Metric | JNJ | PRGO |
|---|---|---|
| Forward yield | 2.10% | 6.98% |
| Annual dividend | $5.36 | $1.16 |
| Payout ratio | 61% | 1349% |
| Years of growth | 55 yr | 12 yr |
| 5-yr dividend growth | 5.2% | 5.2% |
| 5-yr total return | 64% | -55% |
| Dividend safety score | 94 (A) | 68 (B) |
| Fair value estimate | $199.45 | $32.12 |
| Upside to fair value | -22% | +93% |
| Frequency | quarterly | quarterly |
| Market cap | $615.9B | $2.3B |
| P/E ratio | 38.8 | — |
Higher yield
PRGO
6.98%
Safer dividend
JNJ
Grade A
Faster growth
JNJ
5.2%
Better value
PRGO
+93% upside
JNJ vs PRGO — FAQ
Is JNJ or PRGO a better dividend stock?
On the data, JNJ wins more head-to-head categories (6 vs 2). PRGO offers the higher yield (6.98%), while JNJ has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, JNJ or PRGO?
PRGO has the higher forward dividend yield at 6.98%, versus 2.10% for JNJ.
Is JNJ or PRGO safer?
JNJ has the higher dividend-safety score (94/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.
Is JNJ or PRGO better value right now?
As of Oct 18, 2026, PRGO looks like the better value: its fair-value estimate is 93% above its share price (undervalued). For JNJ, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.