SmarterDividends

JNJ vs ZTS: Which Is the Better Dividend Stock?

As of Nov 6, 2026, JNJ and ZTS are closely matched. ZTS offers the higher yield at 2.38%, JNJ has the higher dividend-safety score, and ZTS looks like the better value (its fair-value estimate is 11% above its share price).

Key facts: JNJ vs ZTS

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Zoetis Inc. (ZTS) has the higher forward dividend yield at 2.38%, versus 1.97% for Johnson & Johnson (JNJ).
  • As of Nov 6, 2026, SmarterDividends grades JNJ's dividend safety A (93/100) and ZTS's B (79/100).
  • By SmarterDividends' count as of Nov 6, 2026, JNJ has raised its dividend for 55 consecutive years and ZTS for 12.
  • As of Nov 6, 2026, JNJ pays out 80% of its earnings as dividends and ZTS pays out 34%.
  • As of Nov 6, 2026, JNJ's fair-value estimate is 27% below its share price and ZTS's fair-value estimate is 11% above its share price, so ZTS looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricJNJZTS
Forward yield1.97%2.38%
Annual dividend$5.36$2.12
Payout ratio80%34%
Years of growth55 yr12 yr
5-yr dividend growth5.2%20.1%
5-yr total return75%-64%
Dividend safety score93 (A)79 (B)
Fair value estimate$199.73$91.31
Upside to fair value-27%+11%
Frequencyquarterlyquarterly
Market cap$655.6B$33.9B
P/E ratio41.314.7

Higher yield

ZTS

2.38%

Safer dividend

JNJ

Grade A

Faster growth

ZTS

20.1%

Better value

ZTS

+11% upside

JNJ vs ZTS — FAQ

Is JNJ or ZTS a better dividend stock?

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

Which has a higher dividend yield, JNJ or ZTS?

ZTS has the higher forward dividend yield at 2.38%, versus 1.97% for JNJ.

Is JNJ or ZTS safer?

JNJ has the higher dividend-safety score (93/100 vs 79/100), reflecting stronger payout coverage and dividend-growth history.

Is JNJ or ZTS better value right now?

As of Nov 6, 2026, ZTS looks like the better value: its fair-value estimate is 11% above its share price (fairly valued). 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.