UL 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. UL offers the higher yield at 3.12%, WMT has the higher dividend-safety score, and UL looks like the better value (its fair-value estimate is 9% above its share price).
Key facts: UL vs WMT
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, Unilever PLC (UL) has the higher forward dividend yield at 3.12%, versus 0.77% for Walmart Inc. (WMT).
- As of Nov 5, 2026, SmarterDividends grades UL's dividend safety C (57/100) and WMT's A (91/100).
- By SmarterDividends' count as of Nov 5, 2026, UL has raised its dividend for 3 consecutive years and WMT for 50.
- As of Nov 5, 2026, UL pays out 46% of its earnings as dividends and WMT pays out 35%.
- As of Nov 5, 2026, UL's fair-value estimate is 9% above its share price and WMT's fair-value estimate is 56% below its share price, so UL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "UL vs WMT: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ul-vs-wmt
| Metric | UL | WMT |
|---|---|---|
| Forward yield | 3.12% | 0.77% |
| Annual dividend | $2.09 | $0.99 |
| Payout ratio | 46% | 35% |
| Years of growth | 3 yr | 50 yr |
| 5-yr dividend growth | 1.9% | 5.5% |
| 5-yr total return | 14% | 163% |
| Dividend safety score | 57 (C) | 91 (A) |
| Fair value estimate | $74.10 | $57.65 |
| Upside to fair value | +9% | -56% |
| Frequency | quarterly | quarterly |
| Market cap | $146.4B | $1.0T |
| P/E ratio | 13.7 | 47.0 |
Higher yield
UL
3.12%
Safer dividend
WMT
Grade A
Faster growth
WMT
5.5%
Better value
UL
+9% upside
UL vs WMT — FAQ
Is UL or WMT a better dividend stock?
On the data, WMT wins more head-to-head categories (5 vs 3). UL offers the higher yield (3.12%), 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, UL or WMT?
UL has the higher forward dividend yield at 3.12%, versus 0.77% for WMT.
Is UL or WMT safer?
WMT has the higher dividend-safety score (91/100 vs 57/100), reflecting stronger payout coverage and dividend-growth history.
Is UL or WMT better value right now?
As of Nov 5, 2026, UL looks like the better value: its fair-value estimate is 9% above 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.