SJM vs WMT: Which Is the Better Dividend Stock?
As of Nov 5, 2026, WMT (Walmart Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SJM offers the higher yield at 3.38%, WMT has the higher dividend-safety score, and SJM looks like the better value (its fair-value estimate is 38% below its share price).
Key facts: SJM vs WMT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, The J. M. Smucker Company (SJM) has the higher forward dividend yield at 3.38%, versus 0.77% for Walmart Inc. (WMT).
- As of Nov 5, 2026, SmarterDividends grades SJM's dividend safety A (88/100) and WMT's A (91/100).
- By SmarterDividends' count as of Nov 5, 2026, SJM has raised its dividend for 24 consecutive years and WMT for 50.
- As of Nov 5, 2026, SJM pays out 206% of its earnings as dividends and WMT pays out 35%.
- As of Nov 5, 2026, SJM's fair-value estimate is 38% below its share price and WMT's fair-value estimate is 56% below its share price, so SJM looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "SJM vs WMT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/sjm-vs-wmt
| Metric | SJM | WMT |
|---|---|---|
| Forward yield | 3.38% | 0.77% |
| Annual dividend | $4.48 | $0.99 |
| Payout ratio | 206% | 35% |
| Years of growth | 24 yr | 50 yr |
| 5-yr dividend growth | 4.1% | 5.5% |
| 5-yr total return | 3% | 163% |
| Dividend safety score | 88 (A) | 91 (A) |
| Fair value estimate | $81.95 | $57.65 |
| Upside to fair value | -38% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $14.2B | $1.0T |
| P/E ratio | 62.2 | 47.0 |
Higher yield
SJM
3.38%
Safer dividend
WMT
Grade A
Faster growth
WMT
5.5%
Better value
SJM
-38% upside
SJM vs WMT — FAQ
Is SJM or WMT a better dividend stock?
On the data, WMT wins more head-to-head categories (5 vs 3). SJM offers the higher yield (3.38%), while WMT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, SJM or WMT?
SJM has the higher forward dividend yield at 3.38%, versus 0.77% for WMT.
Is SJM or WMT safer?
WMT has the higher dividend-safety score (91/100 vs 88/100), reflecting stronger payout coverage and dividend-growth history.
Is SJM or WMT better value right now?
As of Nov 5, 2026, SJM looks like the better value: its fair-value estimate is 38% below its share price (overvalued). For WMT, its fair-value estimate is 56% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.