SmarterDividends

MO vs WMT: Which Is the Better Dividend Stock?

As of June 2026, WMT (Walmart Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. MO offers the higher yield at 5.89%, WMT has the higher dividend-safety score, and MO trades at the larger discount to fair value (+44%).

MetricMOWMT
Forward yield5.89%0.82%
Annual dividend$4.24$0.99
Payout ratio88%34%
Years of growth17 yr50 yr
5-yr dividend growth4.1%5.5%
5-yr total return51%157%
Dividend safety score80 (A)91 (A)
Fair value estimate$103.94$60.49
Upside to fair value+44%-50%
Frequencyquarterlyquarterly
Market cap$120.1B$963.2B
P/E ratio15.042.6

Higher yield

MO

5.89%

Safer dividend

WMT

Grade A

Faster growth

WMT

5.5%

Better value

MO

+44% upside

MO vs WMT — FAQ

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