KO vs TPB: Which Is the Better Dividend Stock?
As of Oct 18, 2026, KO (The Coca-Cola Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. KO offers the higher yield at 2.26%, KO has the higher dividend-safety score, and TPB looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: KO vs TPB
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, The Coca-Cola Company (KO) has the higher forward dividend yield at 2.26%, versus 0.51% for Turning Point Brands, Inc. (TPB).
- As of Oct 18, 2026, SmarterDividends grades KO's dividend safety A (92/100) and TPB's A (83/100).
- By SmarterDividends' count as of Oct 18, 2026, KO has raised its dividend for 55 consecutive years and TPB for 8.
- As of Oct 18, 2026, KO pays out 62% of its earnings as dividends and TPB pays out 13%.
- As of Oct 18, 2026, KO's fair-value estimate is 50% below its share price and TPB's fair-value estimate is 10% above its share price, so TPB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "KO vs TPB: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ko-vs-tpb
| Metric | KO | TPB |
|---|---|---|
| Forward yield | 2.26% | 0.51% |
| Annual dividend | $2.12 | $0.32 |
| Payout ratio | 62% | 13% |
| Years of growth | 55 yr | 8 yr |
| 5-yr dividend growth | 4.5% | 8.4% |
| 5-yr total return | 79% | 65% |
| Dividend safety score | 92 (A) | 83 (A) |
| Fair value estimate | $47.18 | $68.61 |
| Upside to fair value | -50% | +10% |
| Frequency | quarterly | quarterly |
| Market cap | $404.0B | $1.2B |
| P/E ratio | 28.2 | 27.0 |
Higher yield
KO
2.26%
Safer dividend
KO
Grade A
Faster growth
TPB
8.4%
Better value
TPB
+10% upside
KO vs TPB — FAQ
Is KO or TPB a better dividend stock?
On the data, KO wins more head-to-head categories (5 vs 3). KO offers the higher yield (2.26%), 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 TPB?
KO has the higher forward dividend yield at 2.26%, versus 0.51% for TPB.
Is KO or TPB safer?
KO has the higher dividend-safety score (92/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.
Is KO or TPB better value right now?
As of Oct 18, 2026, TPB looks like the better value: its fair-value estimate is 10% above 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.