MDT vs UNH: Which Is the Better Dividend Stock?
As of July 2026, UNH (UnitedHealth Group Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. MDT offers the higher yield at 3.51%, UNH has the higher dividend-safety score, and UNH trades at the larger discount to fair value (+37%).
| Metric | MDT | UNH |
|---|---|---|
| Forward yield | 3.51% | 2.19% |
| Annual dividend | $2.88 | $9.28 |
| Payout ratio | 76% | 67% |
| Years of growth | 25 yr | 16 yr |
| 5-yr dividend growth | 4.4% | 12.6% |
| 5-yr total return | -38% | 1% |
| Dividend safety score | 86 (A) | 89 (A) |
| Fair value estimate | $91.66 | $575.33 |
| Upside to fair value | +10% | +37% |
| Frequency | quarterly | quarterly |
| Market cap | $106.5B | $382.1B |
| P/E ratio | 22.0 | 31.6 |
Higher yield
MDT
3.51%
Safer dividend
UNH
Grade A
Faster growth
UNH
12.6%
Better value
UNH
+37% upside
MDT vs UNH — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.