SmarterDividends

MKC-V vs WMT: Which Is the Better Dividend Stock?

As of Oct 27, 2026, MKC-V (McCormick & Company, Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MKC-V offers the higher yield at 3.98%, WMT has the higher dividend-safety score, and MKC-V looks like the better value (its fair-value estimate is 85% above its share price).

Key facts: MKC-V vs WMT

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, McCormick & Company, Incorporated (MKC-V) has the higher forward dividend yield at 3.98%, versus 0.82% for Walmart Inc. (WMT).
  • As of Oct 27, 2026, SmarterDividends grades MKC-V's dividend safety A (90/100) and WMT's A (91/100).
  • By SmarterDividends' count as of Oct 27, 2026, MKC-V has raised its dividend for 22 consecutive years and WMT for 50.
  • As of Oct 27, 2026, MKC-V pays out 34% of its earnings as dividends and WMT pays out 35%.
  • As of Oct 27, 2026, MKC-V's fair-value estimate is 85% above its share price and WMT's fair-value estimate is 51% below its share price, so MKC-V looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MKC-V vs WMT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/mkc-v-vs-wmt

MetricMKC-VWMT
Forward yield3.98%0.82%
Annual dividend$1.92$0.99
Payout ratio34%35%
Years of growth22 yr50 yr
5-yr dividend growth7.6%5.5%
5-yr total return-44%156%
Dividend safety score90 (A)91 (A)
Fair value estimate$89.34$58.40
Upside to fair value+85%-51%
Frequencyquarterlyquarterly
Market cap$13.0B$954.4B
P/E ratio8.742.4

Higher yield

MKC-V

3.98%

Safer dividend

WMT

Grade A

Faster growth

MKC-V

7.6%

Better value

MKC-V

+85% upside

MKC-V vs WMT — FAQ

Is MKC-V or WMT a better dividend stock?

On the data, MKC-V wins more head-to-head categories (5 vs 3). MKC-V offers the higher yield (3.98%), while WMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, MKC-V or WMT?

MKC-V has the higher forward dividend yield at 3.98%, versus 0.82% for WMT.

Is MKC-V or WMT safer?

WMT has the higher dividend-safety score (91/100 vs 90/100), reflecting stronger payout coverage and dividend-growth history.

Is MKC-V or WMT better value right now?

As of Oct 27, 2026, MKC-V looks like the better value: its fair-value estimate is 85% above its share price (undervalued). For WMT, its fair-value estimate is 51% below its share price.

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