AMGN vs JNJ: Which Is the Better Dividend Stock?
As of July 2026, AMGN and JNJ are closely matched. AMGN offers the higher yield at 2.56%, JNJ has the higher dividend-safety score, and JNJ trades at the larger discount to fair value (-13%).
| Metric | AMGN | JNJ |
|---|---|---|
| Forward yield | 2.56% | 2.01% |
| Annual dividend | $10.08 | $5.36 |
| Payout ratio | 67% | 61% |
| Years of growth | 14 yr | 55 yr |
| 5-yr dividend growth | 8.3% | 5.2% |
| 5-yr total return | 67% | 52% |
| Dividend safety score | 81 (A) | 93 (A) |
| Fair value estimate | $269.92 | $229.97 |
| Upside to fair value | -28% | -13% |
| Frequency | quarterly | quarterly |
| Market cap | $209.2B | $639.9B |
| P/E ratio | 27.3 | 30.9 |
Higher yield
AMGN
2.56%
Safer dividend
JNJ
Grade A
Faster growth
AMGN
8.3%
Better value
JNJ
-13% upside
AMGN vs JNJ — FAQ
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