PG vs CL: Which Is the Better Dividend Stock?
As of June 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. PG offers the higher yield at 2.85%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-8%).
| Metric | PG | CL |
|---|---|---|
| Forward yield | 2.85% | 2.37% |
| Annual dividend | $4.26 | $2.12 |
| Payout ratio | 62% | 81% |
| Years of growth | 42 yr | 52 yr |
| 5-yr dividend growth | 6.0% | 3.4% |
| 5-yr total return | 11% | 10% |
| Dividend safety score | 90 (A) | 88 (A) |
| Fair value estimate | $137.94 | $80.20 |
| Upside to fair value | -8% | -10% |
| Frequency | quarterly | quarterly |
| Market cap | $348.4B | $71.6B |
| P/E ratio | 21.9 | 34.7 |
Higher yield
PG
2.85%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
PG
-8% upside
PG vs CL — FAQ
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