SmarterDividends

PG vs RBGPF: Which Is the Better Dividend Stock?

As of Oct 23, 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. RBGPF offers the higher yield at 4.13%, PG has the higher dividend-safety score, and RBGPF looks like the better value (its fair-value estimate is 19% above its share price).

Key facts: PG vs RBGPF

Data as of · Source: SmarterDividends data

  • As of Oct 23, 2026, Reckitt Benckiser Group plc (RBGPF) has the higher forward dividend yield at 4.13%, versus 2.78% for The Procter & Gamble Company (PG).
  • As of Oct 23, 2026, SmarterDividends grades PG's dividend safety A (92/100) and RBGPF's C (57/100).
  • By SmarterDividends' count as of Oct 23, 2026, PG has raised its dividend for 42 consecutive years and RBGPF for 3.
  • As of Oct 23, 2026, PG pays out 64% of its earnings as dividends and RBGPF pays out 49%.
  • As of Oct 23, 2026, PG's fair-value estimate is 27% below its share price and RBGPF's fair-value estimate is 19% above its share price, so RBGPF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "PG vs RBGPF: Dividend Yield, Safety & Value Compared," updated Oct 23, 2026, https://smarterdividends.com/compare/pg-vs-rbgpf

MetricPGRBGPF
Forward yield2.78%4.13%
Annual dividend$4.35$2.90
Payout ratio64%49%
Years of growth42 yr3 yr
5-yr dividend growth6.0%3.8%
5-yr total return10%-7%
Dividend safety score92 (A)57 (C)
Fair value estimate$120.24$83.27
Upside to fair value-27%+19%
Frequencyquarterlyquarterly
Market cap$384.9B$44.4B
P/E ratio24.911.8

Higher yield

RBGPF

4.13%

Safer dividend

PG

Grade A

Faster growth

PG

6.0%

Better value

RBGPF

+19% upside

PG vs RBGPF — FAQ

Is PG or RBGPF a better dividend stock?

On the data, PG wins more head-to-head categories (5 vs 3). RBGPF offers the higher yield (4.13%), while PG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, PG or RBGPF?

RBGPF has the higher forward dividend yield at 4.13%, versus 2.78% for PG.

Is PG or RBGPF safer?

PG has the higher dividend-safety score (92/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.

Is PG or RBGPF better value right now?

As of Oct 23, 2026, RBGPF looks like the better value: its fair-value estimate is 19% above its share price (undervalued). For PG, its fair-value estimate is 27% below its share price.

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