GOOGL vs MDY: Which Is the Better Dividend Stock?
As of Oct 18, 2026, MDY (State Street SPDR S&P MIDCAP 400 ETF Trust) screens as the stronger dividend stock, winning 3 of 5 head-to-head metrics. MDY offers the higher yield at 1.06%, GOOGL has the higher dividend-safety score.
Key facts: GOOGL vs MDY
Data as of · Source: SmarterDividends data
- As of Oct 18, 2026, State Street SPDR S&P MIDCAP 400 ETF Trust (MDY) has the higher forward dividend yield at 1.06%, versus 0.26% for Alphabet Inc. (GOOGL).
- As of Oct 18, 2026, SmarterDividends grades GOOGL's dividend safety B (76/100) and MDY's C (63/100).
- By SmarterDividends' count as of Oct 18, 2026, GOOGL has raised its dividend for 1 consecutive years and MDY for 5.
Cite this page
SmarterDividends, "GOOGL vs MDY: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/googl-vs-mdy
| Metric | GOOGL | MDY |
|---|---|---|
| Forward yield | 0.26% | 1.06% |
| Annual dividend | $0.88 | $6.81 |
| Payout ratio | 4% | — |
| Years of growth | 1 yr | 5 yr |
| 5-yr dividend growth | — | 8.0% |
| 5-yr total return | 140% | 34% |
| Dividend safety score | 76 (B) | 63 (C) |
| Fair value estimate | $371.32 | — |
| Upside to fair value | +9% | — |
| Frequency | quarterly | quarterly |
| Market cap | $4.2T | — |
| P/E ratio | 17.1 | 20.0 |
Higher yield
MDY
1.06%
Safer dividend
GOOGL
Grade B
Faster growth
MDY
8.0%
GOOGL vs MDY — FAQ
Is GOOGL or MDY a better dividend stock?
On the data, MDY wins more head-to-head categories (3 vs 2). MDY offers the higher yield (1.06%), while GOOGL has the stronger dividend-safety score. The right pick depends on whether you prioritise income, safety or value.
Which has a higher dividend yield, GOOGL or MDY?
MDY has the higher forward dividend yield at 1.06%, versus 0.26% for GOOGL.
Is GOOGL or MDY safer?
GOOGL has the higher dividend-safety score (76/100 vs 63/100), reflecting stronger payout coverage and dividend-growth history.
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