MRK vs NVS: Which Is the Better Dividend Stock?
As of August 2026, NVS (Novartis AG) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. NVS offers the higher yield at 3.03%, MRK has the higher dividend-safety score, and NVS trades at the larger discount to fair value (+24%).
| Metric | MRK | NVS |
|---|---|---|
| Forward yield | 2.64% | 3.03% |
| Annual dividend | $3.40 | $4.74 |
| Payout ratio | 269% | 72% |
| Years of growth | 15 yr | 3 yr |
| 5-yr dividend growth | 6.7% | 5.6% |
| 5-yr total return | 69% | 69% |
| Dividend safety score | 88 (A) | 60 (C) |
| Fair value estimate | $133.92 | $193.84 |
| Upside to fair value | +4% | +24% |
| Frequency | quarterly | annual |
| Market cap | $323.0B | $298.0B |
| P/E ratio | 104.7 | 23.6 |
Higher yield
NVS
3.03%
Safer dividend
MRK
Grade A
Faster growth
MRK
6.7%
Better value
NVS
+24% upside
MRK vs NVS — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.