SmarterDividends

GOOGL vs MLCIL: Which Is the Better Dividend Stock?

As of Oct 18, 2026, GOOGL and MLCIL are closely matched. MLCIL offers the higher yield at 4.57%, GOOGL has the higher dividend-safety score, and GOOGL looks like the better value (its fair-value estimate is 9% above its share price).

Key facts: GOOGL vs MLCIL

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Mount Logan Capital Inc. 8.00% Notes Due 2031 (MLCIL) has the higher forward dividend yield at 4.57%, versus 0.26% for Alphabet Inc. (GOOGL).
  • As of Oct 18, 2026, GOOGL's fair-value estimate is 9% above its share price and MLCIL's fair-value estimate is 25% below its share price, so GOOGL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "GOOGL vs MLCIL: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/googl-vs-mlcil

MetricGOOGLMLCIL
Forward yield0.26%4.57%
Annual dividend$0.88$1.00
Payout ratio4%—
Years of growth1 yr0 yr
5-yr dividend growth——
5-yr total return140%—
Dividend safety score76 (B)—
Fair value estimate$371.32$16.40
Upside to fair value+9%-25%
Frequencyquarterlyquarterly
Market cap$4.2T—
P/E ratio17.1—

Higher yield

MLCIL

4.57%

Safer dividend

GOOGL

Grade B

Faster growth

GOOGL

—

Better value

GOOGL

+9% upside

GOOGL vs MLCIL — FAQ

Is GOOGL or MLCIL a better dividend stock?

GOOGL and MLCIL are closely matched. MLCIL has the higher yield; GOOGL scores better on safety.

Which has a higher dividend yield, GOOGL or MLCIL?

MLCIL has the higher forward dividend yield at 4.57%, versus 0.26% for GOOGL.

Is GOOGL or MLCIL safer?

Compare each stock's payout ratio, growth streak and cut history on its detail page to judge safety.

Is GOOGL or MLCIL better value right now?

As of Oct 18, 2026, GOOGL looks like the better value: its fair-value estimate is 9% above its share price (fairly valued). For MLCIL, its fair-value estimate is 25% below its share price.

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