SmarterDividends

GOOG vs MLPR: Which Is the Better Dividend Stock?

As of August 2026, MLPR (ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN) screens as the stronger dividend stock, winning 4 of 6 head-to-head metrics. MLPR offers the higher yield at 8.67%, MLPR has the higher dividend-safety score, and GOOG trades at the larger discount to fair value (+106%).

MetricGOOGMLPR
Forward yield0.26%8.67%
Annual dividend$0.88$6.67
Payout ratio4%
Years of growth1 yr5 yr
5-yr dividend growth27.2%
5-yr total return156%136%
Dividend safety score76 (B)81 (A)
Fair value estimate$703.01$107.27
Upside to fair value+106%+40%
Frequencyquarterlyquarterly
Market cap$4.2T
P/E ratio17.2

Higher yield

MLPR

8.67%

Safer dividend

MLPR

Grade A

Faster growth

MLPR

27.2%

Better value

GOOG

+106% upside

GOOG vs MLPR — FAQ

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