SmarterDividends

AILIP vs GOOGL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, AILIP and GOOGL are closely matched. AILIP offers the higher yield at 6.32%, AILIP has the higher dividend-safety score, and GOOGL looks like the better value (its fair-value estimate is 9% above its share price).

Key facts: AILIP vs GOOGL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Ameren Illinois Company PFD 4.20% (AILIP) has the higher forward dividend yield at 6.32%, versus 0.26% for Alphabet Inc. (GOOGL).
  • As of Oct 18, 2026, SmarterDividends grades AILIP's dividend safety A (85/100) and GOOGL's B (76/100).
  • As of Oct 18, 2026, AILIP's fair-value estimate is 17% below its share price and GOOGL's fair-value estimate is 9% above its share price, so GOOGL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "AILIP vs GOOGL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/ailip-vs-googl

MetricAILIPGOOGL
Forward yield6.32%0.26%
Annual dividend$4.20$0.88
Payout ratio—4%
Years of growth0 yr1 yr
5-yr dividend growth0.0%—
5-yr total return-31%140%
Dividend safety score85 (A)76 (B)
Fair value estimate$54.96$371.32
Upside to fair value-17%+9%
Frequencyquarterlyquarterly
Market cap—$4.2T
P/E ratio—17.1

Higher yield

AILIP

6.32%

Safer dividend

AILIP

Grade A

Faster growth

AILIP

0.0%

Better value

GOOGL

+9% upside

AILIP vs GOOGL — FAQ

Is AILIP or GOOGL a better dividend stock?

AILIP and GOOGL are closely matched. AILIP has the higher yield; AILIP scores better on safety.

Which has a higher dividend yield, AILIP or GOOGL?

AILIP has the higher forward dividend yield at 6.32%, versus 0.26% for GOOGL.

Is AILIP or GOOGL safer?

AILIP has the higher dividend-safety score (85/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.

Is AILIP or GOOGL better value right now?

As of Oct 18, 2026, GOOGL looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). For AILIP, its fair-value estimate is 17% below its share price.

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