SmarterDividends

JNJ vs SYK: Which Is the Better Dividend Stock?

As of Nov 6, 2026, JNJ (Johnson & Johnson) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. JNJ offers the higher yield at 1.97%, JNJ has the higher dividend-safety score, and JNJ looks like the better value (its fair-value estimate is 27% below its share price).

Key facts: JNJ vs SYK

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Johnson & Johnson (JNJ) has the higher forward dividend yield at 1.97%, versus 1.05% for Stryker Corporation (SYK).
  • As of Nov 6, 2026, SmarterDividends grades JNJ's dividend safety A (93/100) and SYK's A (91/100).
  • By SmarterDividends' count as of Nov 6, 2026, JNJ has raised its dividend for 55 consecutive years and SYK for 16.
  • As of Nov 6, 2026, JNJ pays out 80% of its earnings as dividends and SYK pays out 37%.
  • As of Nov 6, 2026, JNJ's fair-value estimate is 27% below its share price and SYK's fair-value estimate is 35% below its share price, so JNJ looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricJNJSYK
Forward yield1.97%1.05%
Annual dividend$5.36$3.52
Payout ratio80%37%
Years of growth55 yr16 yr
5-yr dividend growth5.2%7.6%
5-yr total return75%23%
Dividend safety score93 (A)91 (A)
Fair value estimate$199.73$218.56
Upside to fair value-27%-35%
Frequencyquarterlyquarterly
Market cap$655.6B$127.6B
P/E ratio41.335.7

Higher yield

JNJ

1.97%

Safer dividend

JNJ

Grade A

Faster growth

SYK

7.6%

Better value

JNJ

-27% upside

JNJ vs SYK — FAQ

Is JNJ or SYK a better dividend stock?

On the data, JNJ wins more head-to-head categories (6 vs 2). JNJ offers the higher yield (1.97%), 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 SYK?

JNJ has the higher forward dividend yield at 1.97%, versus 1.05% for SYK.

Is JNJ or SYK safer?

JNJ has the higher dividend-safety score (93/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.

Is JNJ or SYK better value right now?

As of Nov 6, 2026, JNJ looks like the better value: its fair-value estimate is 27% below its share price (overvalued). For SYK, its fair-value estimate is 35% below its share price.

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