PG vs PM: Which Is the Better Dividend Stock?
As of July 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PM offers the higher yield at 3.05%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).
| Metric | PG | PM |
|---|---|---|
| Forward yield | 2.90% | 3.05% |
| Annual dividend | $4.35 | $5.88 |
| Payout ratio | 62% | 81% |
| Years of growth | 42 yr | 13 yr |
| 5-yr dividend growth | 6.0% | 3.5% |
| 5-yr total return | 5% | 87% |
| Dividend safety score | 90 (A) | 70 (B) |
| Fair value estimate | $140.41 | $172.87 |
| Upside to fair value | -6% | -10% |
| Frequency | quarterly | quarterly |
| Market cap | $347.3B | $300.4B |
| P/E ratio | 21.9 | 27.2 |
Higher yield
PM
3.05%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
PG
-6% upside
PG vs PM — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.