GOOG vs SPY: Which Is the Better Dividend Stock?
As of Oct 18, 2026, SPY (State Street SPDR S&P 500 ETF Trust) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. SPY offers the higher yield at 0.99%, SPY has the higher dividend-safety score.
Key facts: GOOG vs SPY
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, State Street SPDR S&P 500 ETF Trust (SPY) has the higher forward dividend yield at 0.99%, versus 0.26% for Alphabet Inc. (GOOG).
- As of Oct 18, 2026, SmarterDividends grades GOOG's dividend safety B (76/100) and SPY's A (82/100).
- By SmarterDividends' count as of Oct 18, 2026, GOOG has raised its dividend for 1 consecutive years and SPY for 16.
Cite this page
SmarterDividends, "GOOG vs SPY: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/goog-vs-spy
| Metric | GOOG | SPY |
|---|---|---|
| Forward yield | 0.26% | 0.99% |
| Annual dividend | $0.88 | $5.66 |
| Payout ratio | 4% | — |
| Years of growth | 1 yr | 16 yr |
| 5-yr dividend growth | — | 5.1% |
| 5-yr total return | 137% | 68% |
| Dividend safety score | 76 (B) | 82 (A) |
| Fair value estimate | $382.73 | — |
| Upside to fair value | +14% | — |
| Frequency | quarterly | quarterly |
| Market cap | $4.1T | — |
| P/E ratio | 16.9 | 24.2 |
Higher yield
SPY
0.99%
Safer dividend
SPY
Grade A
Faster growth
SPY
5.1%
GOOG vs SPY — FAQ
Is GOOG or SPY a better dividend stock?
On the data, SPY wins more head-to-head categories (4 vs 1). SPY offers the higher yield (0.99%), while SPY 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 SPY?
SPY has the higher forward dividend yield at 0.99%, versus 0.26% for GOOG.
Is GOOG or SPY safer?
SPY has the higher dividend-safety score (82/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.
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See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.