SmarterDividends

DGRO vs SPYD: Which Is the Better Dividend Stock?

As of September 2026, SPYD (State Street SPDR Portfolio S&P 500 High Dividend ETF) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. SPYD offers the higher yield at 4.45%, DGRO has the higher dividend-safety score.

MetricDGROSPYD
Forward yield1.96%4.45%
Annual dividend$1.49$2.06
Payout ratio
Years of growth11 yr2 yr
5-yr dividend growth7.1%7.4%
5-yr total return45%
Dividend safety score59 (C)
Fair value estimate$26.50
Upside to fair value-66%
Frequencyquarterlyquarterly
Market cap
P/E ratio21.815.9

Higher yield

SPYD

4.45%

Safer dividend

DGRO

Grade C

Faster growth

SPYD

7.4%

DGRO vs SPYD — FAQ

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