DGRO vs SPYH: Which Is the Better Dividend Stock?
As of September 2026, SPYH (NEOS S&P 500 Hedged Equity Income ETF) screens as the stronger dividend stock, winning 2 of 3 head-to-head metrics. SPYH offers the higher yield at 7.68%, DGRO has the higher dividend-safety score.
| Metric | DGRO | SPYH |
|---|---|---|
| Forward yield | 1.96% | 7.68% |
| Annual dividend | $1.49 | $4.33 |
| Payout ratio | — | — |
| Years of growth | 11 yr | 0 yr |
| 5-yr dividend growth | 7.1% | — |
| 5-yr total return | 45% | — |
| Dividend safety score | 59 (C) | — |
| Fair value estimate | $26.50 | — |
| Upside to fair value | -66% | — |
| Frequency | quarterly | monthly |
| Market cap | — | — |
| P/E ratio | 21.8 | 24.6 |
Higher yield
SPYH
7.68%
Safer dividend
DGRO
Grade C
Faster growth
DGRO
7.1%
DGRO vs SPYH — FAQ
Related comparisons
See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.