SmarterDividends

MRK vs STE: Which Is the Better Dividend Stock?

As of September 2026, MRK and STE are closely matched. MRK offers the higher yield at 2.23%, STE has the higher dividend-safety score, and MRK trades at the larger discount to fair value (-11%).

MetricMRKSTE
Forward yield2.23%1.14%
Annual dividend$3.40$2.58
Payout ratio269%31%
Years of growth15 yr20 yr
5-yr dividend growth6.7%8.9%
5-yr total return100%10%
Dividend safety score88 (A)93 (A)
Fair value estimate$133.66$179.11
Upside to fair value-11%-20%
Frequencyquarterlyquarterly
Market cap$370.9B$21.9B
P/E ratio122.227.7

Higher yield

MRK

2.23%

Safer dividend

STE

Grade A

Faster growth

STE

8.9%

Better value

MRK

-11% upside

MRK vs STE — FAQ

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