SmarterDividends

KO vs PG: Which Is the Better Dividend Stock?

As of September 2026, KO and PG are closely matched. PG offers the higher yield at 2.97%, KO has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).

MetricKOPG
Forward yield2.41%2.97%
Annual dividend$2.12$4.35
Payout ratio62%64%
Years of growth55 yr42 yr
5-yr dividend growth4.5%6.0%
5-yr total return68%5%
Dividend safety score92 (A)90 (A)
Fair value estimate$53.07$137.55
Upside to fair value-40%-6%
Frequencyquarterlyquarterly
Market cap$378.9B$340.1B
P/E ratio26.422.1

Higher yield

PG

2.97%

Safer dividend

KO

Grade A

Faster growth

PG

6.0%

Better value

PG

-6% upside

KO vs PG — FAQ

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