SmarterDividends

GOOG vs MLPB: Which Is the Better Dividend Stock?

As of September 2026, GOOG and MLPB are closely matched. MLPB offers the higher yield at 5.66%, GOOG has the higher dividend-safety score, and GOOG trades at the larger discount to fair value (+37%).

MetricGOOGMLPB
Forward yield0.26%5.66%
Annual dividend$0.88$1.74
Payout ratio4%
Years of growth1 yr4 yr
5-yr dividend growth3.1%
5-yr total return132%93%
Dividend safety score76 (B)68 (B)
Fair value estimate$473.04$27.06
Upside to fair value+37%-13%
Frequencyquarterlyquarterly
Market cap$4.3T
P/E ratio17.6

Higher yield

MLPB

5.66%

Safer dividend

GOOG

Grade B

Faster growth

MLPB

3.1%

Better value

GOOG

+37% upside

GOOG vs MLPB — FAQ

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