PG vs TGT: Which Is the Better Dividend Stock?
As of September 2026, TGT (Target Corporation) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. PG offers the higher yield at 2.97%, TGT has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).
| Metric | PG | TGT |
|---|---|---|
| Forward yield | 2.97% | 2.93% |
| Annual dividend | $4.35 | $4.64 |
| Payout ratio | 64% | 47% |
| Years of growth | 42 yr | 42 yr |
| 5-yr dividend growth | 6.0% | 11.0% |
| 5-yr total return | 2% | -39% |
| Dividend safety score | 90 (A) | 93 (A) |
| Fair value estimate | $137.51 | $132.75 |
| Upside to fair value | -6% | -16% |
| Frequency | quarterly | quarterly |
| Market cap | $340.3B | $71.9B |
| P/E ratio | 22.1 | 16.4 |
Higher yield
PG
2.97%
Safer dividend
TGT
Grade A
Faster growth
TGT
11.0%
Better value
PG
-6% upside
PG vs TGT — FAQ
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