SmarterDividends

CL vs PG: Which Is the Better Dividend Stock?

As of September 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. PG offers the higher yield at 2.95%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-4%).

MetricCLPG
Forward yield2.35%2.95%
Annual dividend$2.12$4.35
Payout ratio82%64%
Years of growth52 yr42 yr
5-yr dividend growth3.3%6.0%
5-yr total return20%3%
Dividend safety score88 (A)90 (A)
Fair value estimate$81.23$137.62
Upside to fair value-10%-4%
Frequencyquarterlyquarterly
Market cap$71.8B$341.2B
P/E ratio35.522.3

Higher yield

PG

2.95%

Safer dividend

PG

Grade A

Faster growth

PG

6.0%

Better value

PG

-4% upside

CL vs PG — FAQ

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