SmarterDividends

MRK vs SGIOF: Which Is the Better Dividend Stock?

As of Nov 6, 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. SGIOF offers the higher yield at 2.86%, MRK has the higher dividend-safety score, and MRK looks like the better value (its fair-value estimate is 18% below its share price).

Key facts: MRK vs SGIOF

Data as of · Source: SmarterDividends data

  • As of Nov 6, 2026, Shionogi & Co., Ltd. (SGIOF) has the higher forward dividend yield at 2.86%, versus 2.31% for Merck & Co., Inc. (MRK).
  • As of Nov 6, 2026, SmarterDividends grades MRK's dividend safety A (88/100) and SGIOF's C (61/100).
  • By SmarterDividends' count as of Nov 6, 2026, MRK has raised its dividend for 15 consecutive years and SGIOF for 3.
  • As of Nov 6, 2026, MRK pays out 343% of its earnings as dividends and SGIOF pays out 23%.
  • As of Nov 6, 2026, MRK's fair-value estimate is 18% below its share price and SGIOF's fair-value estimate is 53% below its share price, so MRK looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "MRK vs SGIOF: Dividend Yield, Safety & Value Compared," updated Nov 6, 2026, https://smarterdividends.com/compare/mrk-vs-sgiof

MetricMRKSGIOF
Forward yield2.31%2.86%
Annual dividend$3.40$0.49
Payout ratio343%23%
Years of growth15 yr3 yr
5-yr dividend growth6.7%6.5%
5-yr total return100%-11%
Dividend safety score88 (A)61 (C)
Fair value estimate$119.89$9.87
Upside to fair value-18%-53%
Frequencyquarterlysemiannual
Market cap$362.5B$17.7B
P/E ratio148.411.6

Higher yield

SGIOF

2.86%

Safer dividend

MRK

Grade A

Faster growth

MRK

6.7%

Better value

MRK

-18% upside

MRK vs SGIOF — FAQ

Is MRK or SGIOF a better dividend stock?

On the data, MRK wins more head-to-head categories (6 vs 2). SGIOF offers the higher yield (2.86%), while MRK has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, MRK or SGIOF?

SGIOF has the higher forward dividend yield at 2.86%, versus 2.31% for MRK.

Is MRK or SGIOF safer?

MRK has the higher dividend-safety score (88/100 vs 61/100), reflecting stronger payout coverage and dividend-growth history.

Is MRK or SGIOF better value right now?

As of Nov 6, 2026, MRK looks like the better value: its fair-value estimate is 18% below its share price (overvalued). For SGIOF, its fair-value estimate is 53% below its share price.

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