SmarterDividends

ABBV vs MDT: Which Is the Better Dividend Stock?

As of September 2026, MDT (Medtronic plc) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MDT offers the higher yield at 3.06%, MDT has the higher dividend-safety score, and MDT trades at the larger discount to fair value (-1%).

MetricABBVMDT
Forward yield2.70%3.06%
Annual dividend$6.92$2.88
Payout ratio190%70%
Years of growth12 yr25 yr
5-yr dividend growth6.8%4.4%
5-yr total return138%-25%
Dividend safety score80 (A)89 (A)
Fair value estimate$224.98$93.49
Upside to fair value-12%-1%
Frequencyquarterlyquarterly
Market cap$453.2B$120.5B
P/E ratio72.423.2

Higher yield

MDT

3.06%

Safer dividend

MDT

Grade A

Faster growth

ABBV

6.8%

Better value

MDT

-1% upside

ABBV vs MDT — FAQ

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