SmarterDividends

MRK vs SNY: Which Is the Better Dividend Stock?

As of September 2026, MRK (Merck & Co., Inc.) screens as the stronger dividend stock, winning 5 of 8 head-to-head metrics. SNY offers the higher yield at 5.69%, MRK has the higher dividend-safety score, and SNY trades at the larger discount to fair value (+82%).

MetricMRKSNY
Forward yield2.27%5.69%
Annual dividend$3.40$2.42
Payout ratio269%128%
Years of growth15 yr3 yr
5-yr dividend growth6.7%4.8%
5-yr total return67%-16%
Dividend safety score88 (A)52 (C)
Fair value estimate$135.77$77.23
Upside to fair value-8%+82%
Frequencyquarterlyannual
Market cap$372.3B$101.9B
P/E ratio120.723.0

Higher yield

SNY

5.69%

Safer dividend

MRK

Grade A

Faster growth

MRK

6.7%

Better value

SNY

+82% upside

MRK vs SNY — FAQ

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