SmarterDividends

DVY vs SPYI: Which Is the Better Dividend Stock?

As of September 2026, SPYI (Neos S&P 500(R) High Income ETF) screens as the stronger dividend stock, winning 2 of 3 head-to-head metrics. SPYI offers the higher yield at 12.78%, DVY has the higher dividend-safety score.

MetricDVYSPYI
Forward yield3.42%12.78%
Annual dividend$3.54$6.87
Payout ratio
Years of growth5 yr3 yr
5-yr dividend growth7.9%
5-yr total return34%
Dividend safety score78 (B)
Fair value estimate$64.26
Upside to fair value-59%
Frequencyquarterlymonthly
Market cap
P/E ratio14.924.8

Higher yield

SPYI

12.78%

Safer dividend

DVY

Grade B

Faster growth

DVY

7.9%

DVY vs SPYI — FAQ

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