PG vs TAP: Which Is the Better Dividend Stock?
As of Oct 27, 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TAP offers the higher yield at 4.80%, PG has the higher dividend-safety score, and TAP looks like the better value (its fair-value estimate is 162% above its share price).
Key facts: PG vs TAP
Data as of · Source: SmarterDividends data
- As of Oct 27, 2026, Molson Coors Beverage Company (TAP) has the higher forward dividend yield at 4.80%, versus 2.72% for The Procter & Gamble Company (PG).
- As of Oct 27, 2026, SmarterDividends grades PG's dividend safety A (92/100) and TAP's C (64/100).
- By SmarterDividends' count as of Oct 27, 2026, PG has raised its dividend for 42 consecutive years and TAP for 4.
- As of Oct 27, 2026, PG pays out 65% of its earnings as dividends and TAP pays out 36%.
- As of Oct 27, 2026, PG's fair-value estimate is 22% below its share price and TAP's fair-value estimate is 162% above its share price, so TAP looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "PG vs TAP: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/pg-vs-tap
| Metric | PG | TAP |
|---|---|---|
| Forward yield | 2.72% | 4.80% |
| Annual dividend | $4.35 | $1.92 |
| Payout ratio | 65% | 36% |
| Years of growth | 42 yr | 4 yr |
| 5-yr dividend growth | 6.0% | -3.8% |
| 5-yr total return | 11% | -7% |
| Dividend safety score | 92 (A) | 64 (C) |
| Fair value estimate | $124.37 | $104.67 |
| Upside to fair value | -22% | +162% |
| Frequency | quarterly | quarterly |
| Market cap | $370.7B | $7.5B |
| P/E ratio | 24.1 | — |
Higher yield
TAP
4.80%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
TAP
+162% upside
PG vs TAP — FAQ
Is PG or TAP a better dividend stock?
On the data, PG wins more head-to-head categories (5 vs 3). TAP offers the higher yield (4.80%), 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 TAP?
TAP has the higher forward dividend yield at 4.80%, versus 2.72% for PG.
Is PG or TAP safer?
PG has the higher dividend-safety score (92/100 vs 64/100), reflecting stronger payout coverage and dividend-growth history.
Is PG or TAP better value right now?
As of Oct 27, 2026, TAP looks like the better value: its fair-value estimate is 162% above its share price (undervalued). For PG, its fair-value estimate is 22% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.