SmarterDividends

GDL vs V: Which Is the Better Dividend Stock?

As of Oct 18, 2026, V (Visa Inc.) screens as the stronger dividend stock, winning 7 of 8 head-to-head metrics. GDL offers the higher yield at 5.78%, V has the higher dividend-safety score, and V looks like the better value (its fair-value estimate is 24% below its share price).

Key facts: GDL vs V

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, The GDL Fund (GDL) has the higher forward dividend yield at 5.78%, versus 0.67% for Visa Inc. (V).
  • As of Oct 18, 2026, SmarterDividends grades GDL's dividend safety B (71/100) and V's A (93/100).
  • By SmarterDividends' count as of Oct 18, 2026, GDL has raised its dividend for 0 consecutive years and V for 17.
  • As of Oct 18, 2026, GDL pays out 71% of its earnings as dividends and V pays out 22%.
  • As of Oct 18, 2026, GDL's fair-value estimate is 30% below its share price and V's fair-value estimate is 24% below its share price, so V looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GDL vs V: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/gdl-vs-v

MetricGDLV
Forward yield5.78%0.67%
Annual dividend$0.48$2.68
Payout ratio71%22%
Years of growth0 yr17 yr
5-yr dividend growth0.9%14.9%
5-yr total return-6%108%
Dividend safety score71 (B)93 (A)
Fair value estimate$5.80$306.97
Upside to fair value-30%-24%
Frequencyquarterlyquarterly
Market cap$89.3M$755.8B
P/E ratio12.434.3

Higher yield

GDL

5.78%

Safer dividend

V

Grade A

Faster growth

V

14.9%

Better value

V

-24% upside

GDL vs V — FAQ

Is GDL or V a better dividend stock?

On the data, V wins more head-to-head categories (7 vs 1). GDL offers the higher yield (5.78%), while V has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, GDL or V?

GDL has the higher forward dividend yield at 5.78%, versus 0.67% for V.

Is GDL or V safer?

V has the higher dividend-safety score (93/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is GDL or V better value right now?

As of Oct 18, 2026, V looks like the better value: its fair-value estimate is 24% below its share price (overvalued). For GDL, its fair-value estimate is 30% below its share price.

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