SmarterDividends

GOOGL vs PNMXO: Which Is the Better Dividend Stock?

As of Oct 18, 2026, GOOGL and PNMXO are closely matched. PNMXO offers the higher yield at 6.57%, PNMXO 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 PNMXO

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Public Service Company of New Mexico PFD 4.58% (PNMXO) has the higher forward dividend yield at 6.57%, versus 0.26% for Alphabet Inc. (GOOGL).
  • As of Oct 18, 2026, SmarterDividends grades GOOGL's dividend safety B (76/100) and PNMXO's A (91/100).
  • As of Oct 18, 2026, GOOGL's fair-value estimate is 9% above its share price and PNMXO's fair-value estimate is 14% below its share price, so GOOGL looks like the better value of the two on SmarterDividends' blended model.
Cite this page

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

MetricGOOGLPNMXO
Forward yield0.26%6.57%
Annual dividend$0.88$4.58
Payout ratio4%—
Years of growth1 yr0 yr
5-yr dividend growth—0.0%
5-yr total return140%-32%
Dividend safety score76 (B)91 (A)
Fair value estimate$371.32$59.94
Upside to fair value+9%-14%
Frequencyquarterlyquarterly
Market cap$4.2T—
P/E ratio17.1—

Higher yield

PNMXO

6.57%

Safer dividend

PNMXO

Grade A

Faster growth

PNMXO

0.0%

Better value

GOOGL

+9% upside

GOOGL vs PNMXO — FAQ

Is GOOGL or PNMXO a better dividend stock?

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

Which has a higher dividend yield, GOOGL or PNMXO?

PNMXO has the higher forward dividend yield at 6.57%, versus 0.26% for GOOGL.

Is GOOGL or PNMXO safer?

PNMXO has the higher dividend-safety score (91/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.

Is GOOGL or PNMXO 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 PNMXO, its fair-value estimate is 14% below its share price.

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