SmarterDividends

GOOG vs UMGNF: Which Is the Better Dividend Stock?

As of Nov 5, 2026, GOOG (Alphabet Inc.) screens as the stronger dividend stock, winning 5 of 7 head-to-head metrics. UMGNF offers the higher yield at 3.01%, GOOG has the higher dividend-safety score, and GOOG looks like the better value (its fair-value estimate is 31% above its share price).

Key facts: GOOG vs UMGNF

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Universal Music Group N.V. (UMGNF) has the higher forward dividend yield at 3.01%, versus 0.31% for Alphabet Inc. (GOOG).
  • As of Nov 5, 2026, SmarterDividends grades GOOG's dividend safety B (76/100) and UMGNF's C (62/100).
  • By SmarterDividends' count as of Nov 5, 2026, GOOG has raised its dividend for 1 consecutive years and UMGNF for 3.
  • As of Nov 5, 2026, GOOG pays out 4% of its earnings as dividends and UMGNF pays out 289%.
  • As of Nov 5, 2026, GOOG's fair-value estimate is 31% above its share price and UMGNF's fair-value estimate is 17% below its share price, so GOOG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GOOG vs UMGNF: Dividend Yield, Safety & Value Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/goog-vs-umgnf

MetricGOOGUMGNF
Forward yield0.31%3.01%
Annual dividend$0.88$0.59
Payout ratio4%289%
Years of growth1 yr3 yr
5-yr dividend growth——
5-yr total return95%-33%
Dividend safety score76 (B)62 (C)
Fair value estimate$372.82$16.23
Upside to fair value+31%-17%
Frequencyquarterlysemiannual
Market cap$3.5T$35.3B
P/E ratio14.893.6

Higher yield

UMGNF

3.01%

Safer dividend

GOOG

Grade B

Faster growth

GOOG

—

Better value

GOOG

+31% upside

GOOG vs UMGNF — FAQ

Is GOOG or UMGNF a better dividend stock?

On the data, GOOG wins more head-to-head categories (5 vs 2). UMGNF offers the higher yield (3.01%), 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 UMGNF?

UMGNF has the higher forward dividend yield at 3.01%, versus 0.31% for GOOG.

Is GOOG or UMGNF safer?

GOOG has the higher dividend-safety score (76/100 vs 62/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOG or UMGNF better value right now?

As of Nov 5, 2026, GOOG looks like the better value: its fair-value estimate is 31% above its share price (undervalued). For UMGNF, its fair-value estimate is 17% below its share price.

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