SmarterDividends

COST vs PG: Which Is the Better Dividend Stock?

As of July 2026, COST (Costco Wholesale Corporation) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. PG offers the higher yield at 2.92%, COST has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).

MetricCOSTPG
Forward yield0.61%2.92%
Annual dividend$5.88$4.35
Payout ratio27%62%
Years of growth21 yr42 yr
5-yr dividend growth13.0%6.0%
5-yr total return105%4%
Dividend safety score95 (A)90 (A)
Fair value estimate$423.64$138.72
Upside to fair value-55%-6%
Frequencyquarterlyquarterly
Market cap$432.0B$340.2B
P/E ratio48.521.4

Higher yield

PG

2.92%

Safer dividend

COST

Grade A

Faster growth

COST

13.0%

Better value

PG

-6% upside

COST vs PG — FAQ

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.