JNJ vs UNH: Which Is the Better Dividend Stock?
As of September 2026, UNH (UnitedHealth Group Incorporated) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. UNH offers the higher yield at 2.45%, JNJ has the higher dividend-safety score, and UNH trades at the larger discount to fair value (+59%).
| Metric | JNJ | UNH |
|---|---|---|
| Forward yield | 2.02% | 2.45% |
| Annual dividend | $5.36 | $9.28 |
| Payout ratio | 61% | 58% |
| Years of growth | 55 yr | 16 yr |
| 5-yr dividend growth | 5.2% | 12.6% |
| 5-yr total return | 64% | -3% |
| Dividend safety score | 93 (A) | 89 (A) |
| Fair value estimate | $237.49 | $602.37 |
| Upside to fair value | -11% | +59% |
| Frequency | quarterly | quarterly |
| Market cap | $640.0B | $340.3B |
| P/E ratio | 30.8 | 24.4 |
Higher yield
UNH
2.45%
Safer dividend
JNJ
Grade A
Faster growth
UNH
12.6%
Better value
UNH
+59% upside
JNJ vs UNH — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.