PG vs UL: Which Is the Better Dividend Stock?
As of July 2026, PG (The Procter & Gamble Company) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. UL offers the higher yield at 3.65%, PG has the higher dividend-safety score, and UL trades at the larger discount to fair value (+20%).
| Metric | PG | UL |
|---|---|---|
| Forward yield | 2.90% | 3.65% |
| Annual dividend | $4.35 | $2.28 |
| Payout ratio | 62% | 79% |
| Years of growth | 42 yr | 3 yr |
| 5-yr dividend growth | 6.0% | 1.9% |
| 5-yr total return | 5% | -0% |
| Dividend safety score | 90 (A) | 53 (C) |
| Fair value estimate | $140.41 | $74.84 |
| Upside to fair value | -6% | +20% |
| Frequency | quarterly | quarterly |
| Market cap | $347.3B | $133.5B |
| P/E ratio | 21.9 | 21.2 |
Higher yield
UL
3.65%
Safer dividend
PG
Grade A
Faster growth
PG
6.0%
Better value
UL
+20% upside
PG vs UL — FAQ
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.