TPB vs WMT: Which Is the Better Dividend Stock?
As of Oct 18, 2026, WMT (Walmart Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. WMT offers the higher yield at 0.83%, WMT has the higher dividend-safety score, and TPB looks like the better value (its fair-value estimate is 10% above its share price).
Key facts: TPB vs WMT
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, Walmart Inc. (WMT) has the higher forward dividend yield at 0.83%, versus 0.51% for Turning Point Brands, Inc. (TPB).
- As of Oct 18, 2026, SmarterDividends grades TPB's dividend safety A (83/100) and WMT's A (91/100).
- By SmarterDividends' count as of Oct 18, 2026, TPB has raised its dividend for 8 consecutive years and WMT for 50.
- As of Oct 18, 2026, TPB pays out 13% of its earnings as dividends and WMT pays out 35%.
- As of Oct 18, 2026, TPB's fair-value estimate is 10% above its share price and WMT's fair-value estimate is 51% below its share price, so TPB looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "TPB vs WMT: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/tpb-vs-wmt
| Metric | TPB | WMT |
|---|---|---|
| Forward yield | 0.51% | 0.83% |
| Annual dividend | $0.32 | $0.99 |
| Payout ratio | 13% | 35% |
| Years of growth | 8 yr | 50 yr |
| 5-yr dividend growth | 8.4% | 5.5% |
| 5-yr total return | 65% | 153% |
| Dividend safety score | 83 (A) | 91 (A) |
| Fair value estimate | $68.61 | $57.65 |
| Upside to fair value | +10% | -51% |
| Frequency | quarterly | quarterly |
| Market cap | $1.2B | $942.6B |
| P/E ratio | 27.0 | 43.0 |
Higher yield
WMT
0.83%
Safer dividend
WMT
Grade A
Faster growth
TPB
8.4%
Better value
TPB
+10% upside
TPB vs WMT — FAQ
Is TPB or WMT a better dividend stock?
On the data, WMT wins more head-to-head categories (5 vs 3). WMT offers the higher yield (0.83%), 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, TPB or WMT?
WMT has the higher forward dividend yield at 0.83%, versus 0.51% for TPB.
Is TPB or WMT safer?
WMT has the higher dividend-safety score (91/100 vs 83/100), reflecting stronger payout coverage and dividend-growth history.
Is TPB or WMT better value right now?
As of Oct 18, 2026, TPB looks like the better value: its fair-value estimate is 10% above its share price (fairly valued). For WMT, its fair-value estimate is 51% below its share price.
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.