SmarterDividends

GOOG vs WMG: 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. WMG offers the higher yield at 2.46%, 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 WMG

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, Warner Music Group Corp. (WMG) has the higher forward dividend yield at 2.46%, versus 0.31% for Alphabet Inc. (GOOG).
  • As of Nov 5, 2026, SmarterDividends grades GOOG's dividend safety B (76/100) and WMG's B (71/100).
  • By SmarterDividends' count as of Nov 5, 2026, GOOG has raised its dividend for 1 consecutive years and WMG for 5.
  • As of Nov 5, 2026, GOOG pays out 4% of its earnings as dividends and WMG pays out 61%.
  • As of Nov 5, 2026, GOOG's fair-value estimate is 31% above its share price and WMG's fair-value estimate is 4% below its share price, so GOOG looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricGOOGWMG
Forward yield0.31%2.46%
Annual dividend$0.88$0.80
Payout ratio4%61%
Years of growth1 yr5 yr
5-yr dividend growth—9.0%
5-yr total return95%-29%
Dividend safety score76 (B)71 (B)
Fair value estimate$372.82$31.06
Upside to fair value+31%-4%
Frequencyquarterlyquarterly
Market cap$3.5T$16.9B
P/E ratio14.825.8

Higher yield

WMG

2.46%

Safer dividend

GOOG

Grade B

Faster growth

WMG

9.0%

Better value

GOOG

+31% upside

GOOG vs WMG — FAQ

Is GOOG or WMG a better dividend stock?

On the data, GOOG wins more head-to-head categories (5 vs 2). WMG offers the higher yield (2.46%), 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 WMG?

WMG has the higher forward dividend yield at 2.46%, versus 0.31% for GOOG.

Is GOOG or WMG safer?

GOOG has the higher dividend-safety score (76/100 vs 71/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOG or WMG 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 WMG, its fair-value estimate is 4% below its share price.

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