DGRO vs NOBL: Which Is the Better Dividend Stock?
As of Nov 2, 2026, DGRO (iShares Core Dividend Growth ETF) screens as the stronger dividend stock, winning 4 of 7 head-to-head metrics. NOBL offers the higher yield at 1.98%, NOBL has the higher dividend-safety score, and NOBL looks like the better value (its fair-value estimate is 64% below its share price).
Key facts: DGRO vs NOBL
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has the higher forward dividend yield at 1.98%, versus 1.84% for iShares Core Dividend Growth ETF (DGRO).
- As of Nov 2, 2026, SmarterDividends grades DGRO's dividend safety C (59/100) and NOBL's B (67/100).
- By SmarterDividends' count as of Nov 2, 2026, DGRO has raised its dividend for 11 consecutive years and NOBL for 3.
- As of Nov 2, 2026, DGRO's fair-value estimate is 66% below its share price and NOBL's fair-value estimate is 64% below its share price, so NOBL looks like the better value of the two on SmarterDividends' blended model.
Cite this page
SmarterDividends, "DGRO vs NOBL: Dividend Yield, Safety & Value Compared," updated Nov 2, 2026, https://smarterdividends.com/compare/dgro-vs-nobl
| Metric | DGRO | NOBL |
|---|---|---|
| Forward yield | 1.84% | 1.98% |
| Annual dividend | $1.49 | $1.17 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 3 yr |
| 5-yr dividend growth | 7.1% | 5.4% |
| 5-yr total return | 55% | 28% |
| Dividend safety score | 59 (C) | 67 (B) |
| Fair value estimate | $27.91 | $21.32 |
| Upside to fair value | -66% | -64% |
| Frequency | quarterly | quarterly |
| Market cap | — | — |
| P/E ratio | 23.1 | 23.4 |
Higher yield
NOBL
1.98%
Safer dividend
NOBL
Grade B
Faster growth
DGRO
7.1%
Better value
NOBL
-64% upside
DGRO vs NOBL — FAQ
Is DGRO or NOBL a better dividend stock?
On the data, DGRO wins more head-to-head categories (4 vs 3). NOBL offers the higher yield (1.98%), while NOBL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, DGRO or NOBL?
NOBL has the higher forward dividend yield at 1.98%, versus 1.84% for DGRO.
Is DGRO or NOBL safer?
NOBL has the higher dividend-safety score (67/100 vs 59/100), reflecting stronger payout coverage and dividend-growth history.
Is DGRO or NOBL better value right now?
As of Nov 2, 2026, NOBL looks like the better value: its fair-value estimate is 64% below its share price (overvalued). For DGRO, its fair-value estimate is 66% below its share price.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.