NVS vs UNH: Which Is the Better Dividend Stock?
As of September 2026, UNH (UnitedHealth Group Incorporated) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NVS offers the higher yield at 3.46%, UNH has the higher dividend-safety score, and UNH trades at the larger discount to fair value (+59%).
| Metric | NVS | UNH |
|---|---|---|
| Forward yield | 3.46% | 2.45% |
| Annual dividend | $4.74 | $9.28 |
| Payout ratio | 72% | 58% |
| Years of growth | 3 yr | 16 yr |
| 5-yr dividend growth | 5.6% | 12.6% |
| 5-yr total return | 68% | -3% |
| Dividend safety score | 60 (C) | 89 (A) |
| Fair value estimate | $188.85 | $602.37 |
| Upside to fair value | +38% | +59% |
| Frequency | annual | quarterly |
| Market cap | $260.7B | $340.3B |
| P/E ratio | 20.7 | 24.4 |
Higher yield
NVS
3.46%
Safer dividend
UNH
Grade A
Faster growth
UNH
12.6%
Better value
UNH
+59% upside
NVS vs UNH — FAQ
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