KMB vs PG: Which Is the Better Dividend Stock?
As of September 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. KMB offers the higher yield at 5.20%, PG has the higher dividend-safety score, and KMB trades at the larger discount to fair value (+48%).
| Metric | KMB | PG |
|---|---|---|
| Forward yield | 5.20% | 3.05% |
| Annual dividend | $5.12 | $4.35 |
| Payout ratio | 100% | 64% |
| Years of growth | 40 yr | 42 yr |
| 5-yr dividend growth | 3.3% | 6.0% |
| 5-yr total return | -26% | 4% |
| Dividend safety score | 77 (B) | 90 (A) |
| Fair value estimate | $155.25 | $137.55 |
| Upside to fair value | +48% | -6% |
| Frequency | quarterly | quarterly |
| Market cap | $32.6B | $337.4B |
| P/E ratio | 19.4 | 21.9 |
Higher yield
KMB
5.20%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
KMB
+48% upside
KMB vs PG — FAQ
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