SmarterDividends

GE vs NL: Which Is the Better Dividend Stock?

As of Oct 27, 2026, GE (GE Aerospace) screens as the stronger dividend stock, winning 6 of 8 head-to-head metrics. NL offers the higher yield at 6.02%, GE has the higher dividend-safety score, and NL looks like the better value (its fair-value estimate is 41% above its share price).

Key facts: GE vs NL

Data as of · Source: SmarterDividends data

  • As of Oct 27, 2026, NLI Holdings, Inc. (NL) has the higher forward dividend yield at 6.02%, versus 0.65% for GE Aerospace (GE).
  • As of Oct 27, 2026, SmarterDividends grades GE's dividend safety B (73/100) and NL's C (60/100).
  • By SmarterDividends' count as of Oct 27, 2026, GE has raised its dividend for 3 consecutive years and NL for 2.
  • As of Oct 27, 2026, GE pays out 20% of its earnings as dividends and NL pays out 175%.
  • As of Oct 27, 2026, GE's fair-value estimate is 21% below its share price and NL's fair-value estimate is 41% above its share price, so NL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GE vs NL: Dividend Yield, Safety & Value Compared," updated Oct 27, 2026, https://smarterdividends.com/compare/ge-vs-nl

MetricGENL
Forward yield0.65%6.02%
Annual dividend$1.88$0.40
Payout ratio20%175%
Years of growth3 yr2 yr
5-yr dividend growth48.5%17.6%
5-yr total return383%9%
Dividend safety score73 (B)60 (C)
Fair value estimate$228.59$9.35
Upside to fair value-21%+41%
Frequencyquarterlyquarterly
Market cap$299.3B$325.2M
P/E ratio33.0—

Higher yield

NL

6.02%

Safer dividend

GE

Grade B

Faster growth

GE

48.5%

Better value

NL

+41% upside

GE vs NL — FAQ

Is GE or NL a better dividend stock?

On the data, GE wins more head-to-head categories (6 vs 2). NL offers the higher yield (6.02%), while GE has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, GE or NL?

NL has the higher forward dividend yield at 6.02%, versus 0.65% for GE.

Is GE or NL safer?

GE has the higher dividend-safety score (73/100 vs 60/100), reflecting stronger payout coverage and dividend-growth history.

Is GE or NL better value right now?

As of Oct 27, 2026, NL looks like the better value: its fair-value estimate is 41% above its share price (undervalued). For GE, its fair-value estimate is 21% below its share price.

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