TGT vs WMT: Which Is the Better Dividend Stock?
As of Nov 5, 2026, TGT (Target Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. TGT offers the higher yield at 2.84%, TGT has the higher dividend-safety score, and TGT looks like the better value (its fair-value estimate is 3% below its share price).
Key facts: TGT vs WMT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Target Corporation (TGT) has the higher forward dividend yield at 2.84%, versus 0.77% for Walmart Inc. (WMT).
- As of Nov 5, 2026, SmarterDividends grades TGT's dividend safety A (93/100) and WMT's A (91/100).
- By SmarterDividends' count as of Nov 5, 2026, TGT has raised its dividend for 42 consecutive years and WMT for 50.
- As of Nov 5, 2026, TGT pays out 47% of its earnings as dividends and WMT pays out 35%.
- As of Nov 5, 2026, TGT's fair-value estimate is 3% below its share price and WMT's fair-value estimate is 56% below its share price, so TGT looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "TGT vs WMT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/tgt-vs-wmt
| Metric | TGT | WMT |
|---|---|---|
| Forward yield | 2.84% | 0.77% |
| Annual dividend | $4.64 | $0.99 |
| Payout ratio | 47% | 35% |
| Years of growth | 42 yr | 50 yr |
| 5-yr dividend growth | 11.0% | 5.5% |
| 5-yr total return | -37% | 163% |
| Dividend safety score | 93 (A) | 91 (A) |
| Fair value estimate | $155.41 | $57.65 |
| Upside to fair value | -3% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $72.5B | $1.0T |
| P/E ratio | 16.6 | 47.0 |
Higher yield
TGT
2.84%
Safer dividend
TGT
Grade A
Faster growth
TGT
11.0%
Better value
TGT
-3% upside
TGT vs WMT — FAQ
Is TGT or WMT a better dividend stock?
On the data, TGT wins more head-to-head categories (5 vs 3). TGT offers the higher yield (2.84%), while TGT has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, TGT or WMT?
TGT has the higher forward dividend yield at 2.84%, versus 0.77% for WMT.
Is TGT or WMT safer?
TGT has the higher dividend-safety score (93/100 vs 91/100), reflecting stronger payout coverage and dividend-growth history.
Is TGT or WMT better value right now?
As of Nov 5, 2026, TGT looks like the better value: its fair-value estimate is 3% below its share price (fairly valued). 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.