SmarterDividends

GOOGL vs SPY: Which Is the Better Dividend Stock?

As of Oct 18, 2026, SPY (State Street SPDR S&P 500 ETF Trust) screens as the stronger dividend stock, winning 4 of 5 head-to-head metrics. SPY offers the higher yield at 0.99%, SPY has the higher dividend-safety score.

Key facts: GOOGL vs SPY

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, State Street SPDR S&P 500 ETF Trust (SPY) has the higher forward dividend yield at 0.99%, versus 0.26% for Alphabet Inc. (GOOGL).
  • As of Oct 18, 2026, SmarterDividends grades GOOGL's dividend safety B (76/100) and SPY's A (82/100).
  • By SmarterDividends' count as of Oct 18, 2026, GOOGL has raised its dividend for 1 consecutive years and SPY for 16.
Cite this page

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

MetricGOOGLSPY
Forward yield0.26%0.99%
Annual dividend$0.88$5.66
Payout ratio4%—
Years of growth1 yr16 yr
5-yr dividend growth—5.1%
5-yr total return140%68%
Dividend safety score76 (B)82 (A)
Fair value estimate$371.32—
Upside to fair value+9%—
Frequencyquarterlyquarterly
Market cap$4.2T—
P/E ratio17.124.2

Higher yield

SPY

0.99%

Safer dividend

SPY

Grade A

Faster growth

SPY

5.1%

GOOGL vs SPY — FAQ

Is GOOGL or SPY a better dividend stock?

On the data, SPY wins more head-to-head categories (4 vs 1). SPY offers the higher yield (0.99%), while SPY 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 SPY?

SPY has the higher forward dividend yield at 0.99%, versus 0.26% for GOOGL.

Is GOOGL or SPY safer?

SPY has the higher dividend-safety score (82/100 vs 76/100), reflecting stronger payout coverage and dividend-growth history.

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