SmarterDividends

DVY vs HYG: Which Is the Better Dividend Stock?

As of September 2026, DVY and HYG are closely matched. HYG offers the higher yield at 6.08%, DVY has the higher dividend-safety score.

MetricDVYHYG
Forward yield3.45%6.08%
Annual dividend$3.54$3.80
Payout ratio——
Years of growth5 yr0 yr
5-yr dividend growth7.9%1.6%
5-yr total return34%—
Dividend safety score78 (B)—
Fair value estimate$64.26—
Upside to fair value-59%—
Frequencyquarterlymonthly
Market cap——
P/E ratio14.710.7

Higher yield

HYG

6.08%

Safer dividend

DVY

Grade B

Faster growth

DVY

7.9%

DVY vs HYG — FAQ

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