KO vs MGPI: Which Is the Better Dividend Stock?
As of Oct 18, 2026, KO (The Coca-Cola Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MGPI offers the higher yield at 3.17%, KO has the higher dividend-safety score, and MGPI looks like the better value (its fair-value estimate is 11% below its share price).
Key facts: KO vs MGPI
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, MGP Ingredients, Inc. (MGPI) has the higher forward dividend yield at 3.17%, versus 2.26% for The Coca-Cola Company (KO).
- As of Oct 18, 2026, SmarterDividends grades KO's dividend safety A (92/100) and MGPI's C (61/100).
- By SmarterDividends' count as of Oct 18, 2026, KO has raised its dividend for 55 consecutive years and MGPI for 0.
- As of Oct 18, 2026, KO pays out 62% of its earnings as dividends and MGPI pays out 98%.
- As of Oct 18, 2026, KO's fair-value estimate is 50% below its share price and MGPI's fair-value estimate is 11% below its share price, so MGPI looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KO vs MGPI: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ko-vs-mgpi
| Metric | KO | MGPI |
|---|---|---|
| Forward yield | 2.26% | 3.17% |
| Annual dividend | $2.12 | $0.48 |
| Payout ratio | 62% | 98% |
| Years of growth | 55 yr | 0 yr |
| 5-yr dividend growth | 4.5% | 0.0% |
| 5-yr total return | 79% | -81% |
| Dividend safety score | 92 (A) | 61 (C) |
| Fair value estimate | $47.18 | $13.39 |
| Upside to fair value | -50% | -11% |
| Frequency | quarterly | quarterly |
| Market cap | $404.0B | $323.8M |
| P/E ratio | 28.2 | — |
Higher yield
MGPI
3.17%
Safer dividend
KO
Grade A
Faster growth
KO
4.5%
Better value
MGPI
-11% upside
KO vs MGPI — FAQ
Is KO or MGPI a better dividend stock?
On the data, KO wins more head-to-head categories (6 vs 2). MGPI offers the higher yield (3.17%), while KO has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, KO or MGPI?
MGPI has the higher forward dividend yield at 3.17%, versus 2.26% for KO.
Is KO or MGPI safer?
KO has the higher dividend-safety score (92/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.
Is KO or MGPI better value right now?
As of Oct 18, 2026, MGPI looks like the better value: its fair-value estimate is 11% below its share price (fairly valued). For KO, its fair-value estimate is 50% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.