SmarterDividends

GOOG vs SGBAF: Which Is the Better Dividend Stock?

As of Oct 12, 2026, GOOG (Alphabet Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. SGBAF offers the higher yield at 13.45%, GOOG has the higher dividend-safety score, and SGBAF looks like the better value (its fair-value estimate is 225% above its share price).

Key facts: GOOG vs SGBAF

Data as of · Source: SmarterDividends data

  • As of Oct 12, 2026, SES S.A. (SGBAF) has the higher forward dividend yield at 13.45%, versus 0.26% for Alphabet Inc. (GOOG).
  • As of Oct 12, 2026, SmarterDividends grades GOOG's dividend safety B (76/100) and SGBAF's D (46/100).
  • As of Oct 12, 2026, GOOG pays out 4% of its earnings as dividends and SGBAF pays out 37%.
  • As of Oct 12, 2026, GOOG's fair-value estimate is 10% above its share price and SGBAF's fair-value estimate is 225% above its share price, so SGBAF looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GOOG vs SGBAF: Dividend Yield, Safety & Value Compared," updated Oct 12, 2026, https://smarterdividends.com/compare/goog-vs-sgbaf

MetricGOOGSGBAF
Forward yield0.26%13.45%
Annual dividend$0.88$0.59
Payout ratio4%37%
Years of growth1 yr0 yr
5-yr dividend growth—-8.1%
5-yr total return135%-53%
Dividend safety score76 (B)46 (D)
Fair value estimate$382.73$13.75
Upside to fair value+10%+225%
Frequencyquarterlysemiannual
Market cap$4.3T$1.7B
P/E ratio17.5—

Higher yield

SGBAF

13.45%

Safer dividend

GOOG

Grade B

Faster growth

SGBAF

-8.1%

Better value

SGBAF

+225% upside

GOOG vs SGBAF — FAQ

Is GOOG or SGBAF a better dividend stock?

On the data, GOOG wins more head-to-head categories (5 vs 2). SGBAF offers the higher yield (13.45%), 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 SGBAF?

SGBAF has the higher forward dividend yield at 13.45%, versus 0.26% for GOOG.

Is GOOG or SGBAF safer?

GOOG has the higher dividend-safety score (76/100 vs 46/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOG or SGBAF better value right now?

As of Oct 12, 2026, SGBAF looks like the better value: its fair-value estimate is 225% above its share price (undervalued). For GOOG, its fair-value estimate is 10% above its share price.

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