SmarterDividends

GOOG vs IPB: Which Is the Better Dividend Stock?

As of Oct 19, 2026, GOOG (Alphabet Inc.) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. IPB offers the higher yield at 6.03%, GOOG has the higher dividend-safety score, and GOOG looks like the better value (its fair-value estimate is 14% above its share price).

Key facts: GOOG vs IPB

Data as of · Source: SmarterDividends data

  • As of Oct 19, 2026, Merrill Lynch Depositor Inc. (IPB) has the higher forward dividend yield at 6.03%, versus 0.26% for Alphabet Inc. (GOOG).
  • As of Oct 19, 2026, SmarterDividends grades GOOG's dividend safety B (76/100) and IPB's B (68/100).
  • As of Oct 19, 2026, GOOG's fair-value estimate is 14% above its share price and IPB's fair-value estimate is 21% below its share price, so GOOG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GOOG vs IPB: Dividend Yield, Safety & Value Compared," updated Oct 19, 2026, https://smarterdividends.com/compare/goog-vs-ipb

MetricGOOGIPB
Forward yield0.26%6.03%
Annual dividend$0.88$1.51
Payout ratio4%—
Years of growth1 yr0 yr
5-yr dividend growth—0.0%
5-yr total return137%-18%
Dividend safety score76 (B)68 (B)
Fair value estimate$382.73$19.80
Upside to fair value+14%-21%
Frequencyquarterlysemiannual
Market cap$4.1T—
P/E ratio16.9—

Higher yield

IPB

6.03%

Safer dividend

GOOG

Grade B

Faster growth

IPB

0.0%

Better value

GOOG

+14% upside

GOOG vs IPB — FAQ

Is GOOG or IPB a better dividend stock?

On the data, GOOG wins more head-to-head categories (4 vs 2). IPB offers the higher yield (6.03%), while GOOG has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.

Which has a higher dividend yield, GOOG or IPB?

IPB has the higher forward dividend yield at 6.03%, versus 0.26% for GOOG.

Is GOOG or IPB safer?

GOOG has the higher dividend-safety score (76/100 vs 68/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOG or IPB better value right now?

As of Oct 19, 2026, GOOG looks like the better value: its fair-value estimate is 14% above its share price (fairly valued). For IPB, 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.