MKC vs WMT: Which Is the Better Dividend Stock?
As of Oct 27, 2026, MKC (McCormick & Company, Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MKC offers the higher yield at 4.00%, WMT has the higher dividend-safety score, and MKC looks like the better value (its fair-value estimate is 63% above its share price).
Key facts: MKC vs WMT
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, McCormick & Company, Incorporated (MKC) has the higher forward dividend yield at 4.00%, versus 0.82% for Walmart Inc. (WMT).
- As of Oct 27, 2026, SmarterDividends grades MKC's dividend safety A (90/100) and WMT's A (91/100).
- By SmarterDividends' count as of Oct 27, 2026, MKC has raised its dividend for 31 consecutive years and WMT for 50.
- As of Oct 27, 2026, MKC pays out 34% of its earnings as dividends and WMT pays out 35%.
- As of Oct 27, 2026, MKC's fair-value estimate is 63% above its share price and WMT's fair-value estimate is 51% below its share price, so MKC looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MKC vs WMT: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/mkc-vs-wmt
| Metric | MKC | WMT |
|---|---|---|
| Forward yield | 4.00% | 0.82% |
| Annual dividend | $1.92 | $0.99 |
| Payout ratio | 34% | 35% |
| Years of growth | 31 yr | 50 yr |
| 5-yr dividend growth | 7.6% | 5.5% |
| 5-yr total return | -44% | 156% |
| Dividend safety score | 90 (A) | 91 (A) |
| Fair value estimate | $78.04 | $58.40 |
| Upside to fair value | +63% | -51% |
| Frequency | quarterly | quarterly |
| Market cap | $12.9B | $954.4B |
| P/E ratio | 8.7 | 42.4 |
Higher yield
MKC
4.00%
Safer dividend
WMT
Grade A
Faster growth
MKC
7.6%
Better value
MKC
+63% upside
MKC vs WMT — FAQ
Is MKC or WMT a better dividend stock?
On the data, MKC wins more head-to-head categories (5 vs 3). MKC offers the higher yield (4.00%), 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 or WMT?
MKC has the higher forward dividend yield at 4.00%, versus 0.82% for WMT.
Is MKC 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 or WMT better value right now?
As of Oct 27, 2026, MKC looks like the better value: its fair-value estimate is 63% above its share price (undervalued). For WMT, its fair-value estimate is 51% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.