SmarterDividends

DGRO vs MLPI: Which Is the Better Dividend Stock?

As of September 2026, MLPI (Neos Mlp & Energy Infrastructure High Income ETF) screens as the stronger dividend stock, winning 2 of 3 head-to-head metrics. MLPI offers the higher yield at 12.72%, DGRO has the higher dividend-safety score.

MetricDGROMLPI
Forward yield1.96%12.72%
Annual dividend$1.49$6.61
Payout ratio
Years of growth11 yr0 yr
5-yr dividend growth7.1%
5-yr total return45%
Dividend safety score59 (C)
Fair value estimate$26.50
Upside to fair value-66%
Frequencyquarterlymonthly
Market cap
P/E ratio21.817.9

Higher yield

MLPI

12.72%

Safer dividend

DGRO

Grade C

Faster growth

DGRO

7.1%

DGRO vs MLPI — FAQ

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