SmarterDividends

KO vs MKC: Which Is the Better Dividend Stock?

As of September 2026, KO and MKC are closely matched. MKC offers the higher yield at 3.70%, KO has the higher dividend-safety score, and MKC trades at the larger discount to fair value (+72%).

MetricKOMKC
Forward yield2.40%3.70%
Annual dividend$2.12$1.92
Payout ratio62%31%
Years of growth55 yr31 yr
5-yr dividend growth4.5%7.6%
5-yr total return68%-36%
Dividend safety score92 (A)90 (A)
Fair value estimate$53.07$89.47
Upside to fair value-40%+72%
Frequencyquarterlyquarterly
Market cap$376.7B$13.8B
P/E ratio26.58.6

Higher yield

MKC

3.70%

Safer dividend

KO

Grade A

Faster growth

MKC

7.6%

Better value

MKC

+72% upside

KO vs MKC — FAQ

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