SmarterDividends

MO vs WMT: Which Is the Better Dividend Stock?

As of July 2026, WMT (Walmart Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MO offers the higher yield at 5.67%, WMT has the higher dividend-safety score, and MO trades at the larger discount to fair value (+42%).

MetricMOWMT
Forward yield5.67%0.88%
Annual dividend$4.24$0.99
Payout ratio88%34%
Years of growth17 yr50 yr
5-yr dividend growth4.1%5.5%
5-yr total return45%122%
Dividend safety score80 (A)91 (A)
Fair value estimate$103.49$60.54
Upside to fair value+42%-45%
Frequencyquarterlyquarterly
Market cap$125.1B$909.0B
P/E ratio15.639.8

Higher yield

MO

5.67%

Safer dividend

WMT

Grade A

Faster growth

WMT

5.5%

Better value

MO

+42% upside

MO vs WMT — FAQ

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