SmarterDividends

KDP vs PG: Which Is the Better Dividend Stock?

As of September 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 6 of 7 head-to-head metrics. KDP offers the higher yield at 2.97%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).

MetricKDPPG
Forward yield2.97%2.97%
Annual dividend$0.92$4.35
Payout ratio93%64%
Years of growth5 yr42 yr
5-yr dividend growth8.9%6.0%
5-yr total return-14%2%
Dividend safety score67 (B)90 (A)
Fair value estimate$23.95$137.51
Upside to fair value-23%-6%
Frequencyquarterlyquarterly
Market cap$42.1B$340.3B
P/E ratio31.322.1

Higher yield

KDP

2.97%

Safer dividend

PG

Grade A

Faster growth

KDP

8.9%

Better value

PG

-6% upside

KDP vs PG — FAQ

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