MRK vs REGN: Which Is the Better Dividend Stock?
As of Nov 6, 2026, MRK and REGN are closely matched. MRK offers the higher yield at 2.31%, MRK has the higher dividend-safety score, and REGN looks like the better value (its fair-value estimate is 22% above its share price).
Key facts: MRK vs REGN
Data as of · Source: SmarterDividends data
- As of Nov 6, 2026, Merck & Co., Inc. (MRK) has the higher forward dividend yield at 2.31%, versus 0.42% for Regeneron Pharmaceuticals, Inc. (REGN).
- By SmarterDividends' count as of Nov 6, 2026, MRK has raised its dividend for 15 consecutive years and REGN for 0.
- As of Nov 6, 2026, MRK pays out 343% of its earnings as dividends and REGN pays out 8%.
- As of Nov 6, 2026, MRK's fair-value estimate is 18% below its share price and REGN's fair-value estimate is 22% above its share price, so REGN looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "MRK vs REGN: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/mrk-vs-regn
| Metric | MRK | REGN |
|---|---|---|
| Forward yield | 2.31% | 0.42% |
| Annual dividend | $3.40 | $3.76 |
| Payout ratio | 343% | 8% |
| Years of growth | 15 yr | 0 yr |
| 5-yr dividend growth | 6.7% | — |
| 5-yr total return | 100% | 46% |
| Dividend safety score | 88 (A) | — |
| Fair value estimate | $119.89 | $1,104.25 |
| Upside to fair value | -18% | +22% |
| Frequency | quarterly | quarterly |
| Market cap | $362.5B | $93.4B |
| P/E ratio | 148.4 | 20.0 |
Higher yield
MRK
2.31%
Safer dividend
MRK
Grade A
Faster growth
MRK
6.7%
Better value
REGN
+22% upside
MRK vs REGN — FAQ
Is MRK or REGN a better dividend stock?
MRK and REGN are closely matched. MRK has the higher yield; MRK scores better on safety.
Which has a higher dividend yield, MRK or REGN?
MRK has the higher forward dividend yield at 2.31%, versus 0.42% for REGN.
Is MRK or REGN safer?
Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.
Is MRK or REGN better value right now?
As of Nov 6, 2026, REGN looks like the better value: its fair-value estimate is 22% above its share price (undervalued). For MRK, its fair-value estimate is 18% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.