SmarterDividends

FMX vs PG: Which Is the Better Dividend Stock?

As of July 2026, FMX (Fomento Económico Mexicano, S.A.B. de C.V.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. FMX offers the higher yield at 4.57%, PG has the higher dividend-safety score, and FMX trades at the larger discount to fair value (+13%).

MetricFMXPG
Forward yield4.57%2.90%
Annual dividend$5.90$4.35
Payout ratio153%62%
Years of growth1 yr42 yr
5-yr dividend growth17.0%6.0%
5-yr total return49%5%
Dividend safety score48 (D)90 (A)
Fair value estimate$146.32$140.41
Upside to fair value+13%-6%
Frequencyquarterlyquarterly
Market cap$44.3B$347.3B
P/E ratio28.621.9

Higher yield

FMX

4.57%

Safer dividend

PG

Grade A

Faster growth

FMX

17.0%

Better value

FMX

+13% upside

FMX vs PG — FAQ

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