SmarterDividends

CMSC vs GOOG: Which Is the Better Dividend Stock?

As of Oct 18, 2026, CMSC and GOOG are closely matched. CMSC offers the higher yield at 7.38%, GOOG has the higher dividend-safety score, and CMSC looks like the better value (its fair-value estimate is 49% above its share price).

Key facts: CMSC vs GOOG

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, CMS Energy Corporation 5.875% J (CMSC) has the higher forward dividend yield at 7.38%, versus 0.26% for Alphabet Inc. (GOOG).
  • As of Oct 18, 2026, SmarterDividends grades CMSC's dividend safety B (75/100) and GOOG's B (76/100).
  • As of Oct 18, 2026, CMSC's fair-value estimate is 49% above its share price and GOOG's fair-value estimate is 14% above its share price, so CMSC looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "CMSC vs GOOG: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/cmsc-vs-goog

MetricCMSCGOOG
Forward yield7.38%0.26%
Annual dividend$1.47$0.88
Payout ratio—4%
Years of growth0 yr1 yr
5-yr dividend growth0.0%—
5-yr total return-26%137%
Dividend safety score75 (B)76 (B)
Fair value estimate$29.70$382.73
Upside to fair value+49%+14%
Frequencyquarterlyquarterly
Market cap—$4.1T
P/E ratio—16.9

Higher yield

CMSC

7.38%

Safer dividend

GOOG

Grade B

Faster growth

CMSC

0.0%

Better value

CMSC

+49% upside

CMSC vs GOOG — FAQ

Is CMSC or GOOG a better dividend stock?

CMSC and GOOG are closely matched. CMSC has the higher yield; GOOG scores better on safety.

Which has a higher dividend yield, CMSC or GOOG?

CMSC has the higher forward dividend yield at 7.38%, versus 0.26% for GOOG.

Is CMSC or GOOG safer?

GOOG has the higher dividend-safety score (76/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.

Is CMSC or GOOG better value right now?

As of Oct 18, 2026, CMSC looks like the better value: its fair-value estimate is 49% above its share price (undervalued). For GOOG, its fair-value estimate is 14% above its share price.

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