SmarterDividends

AMGN vs MRK: Which Is the Better Dividend Stock?

As of July 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MRK offers the higher yield at 2.58%, MRK has the higher dividend-safety score, and MRK trades at the larger discount to fair value (-2%).

MetricAMGNMRK
Forward yield2.56%2.58%
Annual dividend$10.08$3.40
Payout ratio67%94%
Years of growth14 yr15 yr
5-yr dividend growth8.3%6.7%
5-yr total return67%72%
Dividend safety score81 (A)90 (A)
Fair value estimate$269.92$128.13
Upside to fair value-28%-2%
Frequencyquarterlyquarterly
Market cap$209.2B$322.0B
P/E ratio27.337.1

Higher yield

MRK

2.58%

Safer dividend

MRK

Grade A

Faster growth

AMGN

8.3%

Better value

MRK

-2% upside

AMGN vs MRK — FAQ

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