Dividend comparison
PG vs KO: Which Is Better for Income?
Fees, yield, total returns, drawdowns, holdings overlap and dividend history for The Procter & Gamble Company and The Coca-Cola Company, side by side. Updated October 21, 2026.
PG vs KO: key differences
The short answer, from the latest data on this page.
- Income. PG pays more income, yielding 2.74% over the last twelve months versus 2.25% for KO. That is about $49 more a year on $10,000. Both pay quarterly.
- Performance. Over the last 5 years, KO returned 96.9% versus 28.3% for PG, with dividends reinvested. $10,000 would have grown to $19,695 in KO and $12,827 in PG.
- Risk. PG has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -23.8%, against -17.3% for KO.
- Dividend growth. PG grew its yearly payout 5.3% a year over the last 4 years, versus 5.0% for KO.
Bottom line: PG fits better if you care most about more income today. KO fits better if you care most about stronger 5-year returns and smaller drawdowns.
Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
| Metric | PG The Procter & Gamble Company | KO The Coca-Cola Company |
|---|---|---|
| Dividend yield (TTM) | 2.74% | 2.25% |
| Dividend / share (TTM) | $4.32 | $2.10 |
| Payout frequency | Quarterly | Quarterly |
| Last dividend | $1.0885 on Aug 17, 2026 | $0.5300 on Oct 1, 2026 |
| Ex-dividend date | Oct 23, 2026 | Dec 1, 2026 |
| Next payment | $1.0885 on Nov 16, 2026 | $0.5300 on Dec 15, 2026 |
| Dividend growth (CAGR) | 5.3% over 4 yrs | 5.0% over 4 yrs |
| Price | $159.32 | $93.49 |
| Payout ratio (TTM) | 63.8% | 77.2% |
| Dividend growth streak | 22 years | 54 years |
| Beta | 0.38 | 0.32 |
| Max drawdown (5Y) | -23.8% | -17.3% |
| Market cap | $370.02B | $404.01B |
| Exchange | NYSE | NYSE |
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.
PG
$22.84/mo
$274 /yr at 2.74% yield
KO
$18.73/mo
$225 /yr at 2.25% yield
Dividend history
Total dividends paid per share in each calendar year. PG pays quarterly; KO pays quarterly.
| Year | PG | KO |
|---|---|---|
| 2025 | $4.1769 | $2.0400 |
| 2024 | $3.9602 | $1.9400 |
| 2023 | $3.7354 | $1.8400 |
| 2022 | $3.6097 | $1.7600 |
| 2021 | $3.4001 | $1.6800 |
Strategy: Dividend stocks
Individual companies with long records of paying and raising dividends. Comparing two of them comes down to how safe the payout is, measured by the payout ratio and balance sheet, how fast it has grown, and what the business needs to keep earning it. A single stock carries company-specific risk that a fund spreads out.
A single company can cut or suspend its dividend, and one holding can fall far more than a diversified fund.
Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Oct 20, 2021 would now be worth $12,827 in PG and $19,695 in KO.
| Period | PG | KO |
|---|---|---|
| 1 month | 8.83% | 5.94% |
| 3 months | 7.63% | 14.53% |
| Year to date | 13.65% | 36.32% |
| 1 year | 7.92% | 40.23% |
| 3 years | 15.72% | 85.64% |
| 5 years | 28.27% | 96.95% |
- PG
- KO
Both series indexed to 100 on 2021-10-20 using the adjusted closing price series. Past performance does not guarantee future results.
Quick verdict
PG fits better if you care most about more income today. KO fits better if you care most about stronger 5-year returns and smaller drawdowns. Model the holding inside your real portfolio before deciding.
Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how PG vs KO fits with the rest of your holdings. Free to start — no credit card required for the trial.
Frequently asked questions
Is PG or KO better for dividend income?
It depends on your goals. PG currently yields 2.74% Trailing Twelve Months (TTM) while KO yields 2.25%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between PG and KO?
The Procter & Gamble Company (PG) is a stock listed on NYSE. The Coca-Cola Company (KO) is a stock listed on NYSE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which has performed better, PG or KO?
Over the last 5 years, KO has the higher total return with dividends reinvested: PG returned 28.3% and KO returned 96.9%. Past performance does not predict future returns.
Which is riskier, PG or KO?
Measured by the worst peak-to-trough decline over the last five years, PG has been riskier: PG fell as much as 23.8% and KO as much as 17.3%. Their betas are 0.38 and 0.32.
How often do PG and KO pay dividends?
Both pay quarterly. The most recent payments were $1.0885 for PG and $0.5300 for KO.
How much income does $10,000 in PG vs KO generate?
At current TTM yields, $10,000 in PG would generate roughly $22.84 per month ($274 annually). The same amount in KO would produce about $18.73 per month ($225 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both PG and KO?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare PG vs KO with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how PG and KO fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.
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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.