SmarterDividends

PG vs TGT: Which Is the Better Dividend Stock?

As of July 2026, TGT (Target Corporation) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. TGT offers the higher yield at 3.32%, PG has the higher dividend-safety score, and PG trades at the larger discount to fair value (-6%).

MetricPGTGT
Forward yield2.90%3.32%
Annual dividend$4.35$4.64
Payout ratio62%60%
Years of growth42 yr42 yr
5-yr dividend growth6.0%11.0%
5-yr total return5%-43%
Dividend safety score90 (A)90 (A)
Fair value estimate$140.41$105.93
Upside to fair value-6%-24%
Frequencyquarterlyquarterly
Market cap$347.3B$63.4B
P/E ratio21.918.4

Higher yield

TGT

3.32%

Safer dividend

PG

Grade A

Faster growth

TGT

11.0%

Better value

PG

-6% upside

PG vs TGT — FAQ

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